Regulation Of State Controlled Enterprises

Author : Julien Chaisse,Jędrzej Górski,Dini Sejko
Publisher : Springer Nature
Page : 727 pages
File Size : 45,5 Mb
Release : 2022-08-25
Category : Law
ISBN : 9789811913686

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Regulation of State-Controlled Enterprises by Julien Chaisse,Jędrzej Górski,Dini Sejko Pdf

This book analyses actual and potential normative (whether legislative or contractual) conflicts and complex transnational disputes related to state-controlled enterprises (SCEs) operations and how they are interwoven with the problem of foreign direct investment. Moreover, SCEs also fall within the remit of international political economy, international economics and other SCE-related fields that go beyond purely legal or regulatory matters. In this connection, research on such economic and political determinants of SCE’s operations greatly informs and supplements the state of knowledge on how to best regulate cross-border aspects of SCE’s and is also be covered in this book. The book also aims to analyse the “SCE phenomenon” which includes a wide panoply of entities that have various structures with different degrees of control by states at the central or regional level, and that critically discuss the above-mentioned overlapping legal economic and political systems which can emerge under various shades of shadows casted by governmental umbrellas (i.e., the control can be exercised through ownership, right to appoint the management, and special-voting-rights). The chapters in this book are grouped, so as to address cross-border investment by and in SCE, into four coherent major parts, namely --- (i) the regulatory framework of state capitalism: laws, treaties, and contracts; (ii) economic and institutional expansion of state capitalism; (iii) the accountability of state capitalism: exploring the forms of liabilities; and (iv) regional and country perspectives. Contributions address the core theme from a broad range of SCE and international economic regulations, including but not limited to competition law, WTO law, investment law, and financial/monetary law. They also cover the new emerging generation of Free Trade Agreements (EU-Vietnam FTA, EU China investment treaty, Regional Comprehensive Economic Partnership; and the coordination between treaty systems). The book is a valuable addition and companion for courses, such as international trade law, international law of foreign investment, transnational law, international and economic development, world politics, law of preferential trade agreements, international economics, and economics of development.

Author : OECD
Publisher : OECD Publishing
Page : 232 pages
File Size : 51,9 Mb
Release : 2005-12-16
Category : Electronic
ISBN : 9789264009431

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Corporate Governance of State-Owned Enterprises A Survey of OECD Countries by OECD Pdf

Presents the OECD Guidelines on Corporate Governance of State-Owned Enterprises as well as a comparative overview of main practices and issues related to corporate governance of state-owned enterprises in the OECD area.

Author : ALEXANDR. SVETLICINII
Publisher : Routledge
Page : 0 pages
File Size : 51,6 Mb
Release : 2022-08
Category : Electronic
ISBN : 0367513250

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Chinese State Owned Enterprises and Eu Merger Control by ALEXANDR. SVETLICINII Pdf

This book analyzes the specifics of corporate governance of China's State Owned Enterprises (SOEs) and their assessment under EU merger control, which is reflected in the EU Commission's screening of the notified economic concentrations. Guided by the going global policy and the Belt and Road Initiative, Chinese SOEs have expanded their global presence considerably. Driven by the need to acquire cutting edge technologies and other industrial policy considerations, Chinese SOEs have engaged in a series of corporate acquisitions in Europe. The main objective of this book is to demonstrate the conceptual and regulatory challenges of applying traditional merger assessment tools in cases involving Chinese SOEs due to the specifics in their corporate governance and the regulatory framework under which they operate in China. The book also explores the connection between the challenges experienced by the merger control regimes in the EU and the recent introduction of the EU foreign direct investment screening framework followed by a proposal concerning foreign subsidies. The book will be a useful guide for academics and researchers in the fields of law, international relations, political science, and political economy; legal practitioners dealing with cross-border mergers and acquisitions; national competition authorities and other public bodies carrying out merger control; policy makers, government officials, and diplomats in China and the EU engaged in bilateral economic relations.

Author : Luc Bernier,Massimo Florio,Philippe Bance
Publisher : Routledge
Page : 679 pages
File Size : 54,9 Mb
Release : 2020-05-27
Category : Business & Economics
ISBN : 9781351042536

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The Routledge Handbook of State-Owned Enterprises by Luc Bernier,Massimo Florio,Philippe Bance Pdf

State-owned enterprises make up roughly 10 percent of the world economy, yet they are woefully understudied. This handbook offers the first synthesis of the topic since the 1980s and offers a comprehensive reference for a generation. The authors provide a detailed explanation of the theory that underpins the expansion of state-owned enterprises in the 21st century. Each chapter delivers an overview of current knowledge, as well as identifying issues and relevant debates for future research. The authors explain how state-owned enterprises are used in both developed and developing countries and offer an insight into complex and fascinating organizations such as the German municipal conglomerates or the multinational companies owned by states. New modes of governance and regulation have been invented to make sure they act in the public interest. This handbook brings together a wealth of international scholars, offering multiple theoretical perspectives to help shape a brave new world. It will be of interest to teachers and students of Economics, Public Administration and Business, academics, established researchers and PhD students seeking rigorous literature reviews on specific aspects of SOEs, as well as practitioners and decision makers in international organizations.

Author : Ravi Ramamurti,Raymond Vernon
Publisher : World Bank Publications
Page : 344 pages
File Size : 51,8 Mb
Release : 1991-01-01
Category : Business & Economics
ISBN : 0821318632

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Privatization and Control of State-owned Enterprises by Ravi Ramamurti,Raymond Vernon Pdf

Author : Pierangelo Maria Toninelli
Publisher : Cambridge University Press
Page : 342 pages
File Size : 40,9 Mb
Release : 2000-10-02
Category : Business & Economics
ISBN : 0521780810

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The Rise and Fall of State-Owned Enterprise in the Western World by Pierangelo Maria Toninelli Pdf

This book examines the twentieth-century rise and fall of state-owned enterprises in Western political economy.

Author : Yingying Wu
Publisher : Springer
Page : 265 pages
File Size : 42,7 Mb
Release : 2019-02-07
Category : Law
ISBN : 9811335605

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Reforming WTO Rules on State-Owned Enterprises by Yingying Wu Pdf

This book argues that the trade-distorting effects of advantages associated with SOEs are more severe from an economic perspective, and the behavior of SOEs after receiving advantages is of more concern, compared to private-owned enterprises (POEs). The premise is that the existence of SOEs per se is not the essential problem; rather, the underlying problems are (i) the disproportionate granting of advantages to SOEs (compared to POEs) and (ii) the behavior of SOEs once they receive advantages. The book offers a systematic analysis focusing on the various advantages granted to SOEs and their subsequent behavior. Its detailed analysis reveals the inadequacy of current WTO rules and is complemented by a number of concrete proposals.

Author : World Bank Publications
Publisher : World Bank Publications
Page : 391 pages
File Size : 41,6 Mb
Release : 2014-10-02
Category : Business & Economics
ISBN : 9781464802294

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Corporate Governance of State-Owned Enterprises by World Bank Publications Pdf

This Toolkit provides an overall framework with practical tools and information to help policymakers design and implement corporate governance reforms for state-owned enterprises. It concludes with guidance on managing the reform process, in particular how to prioritize and sequence reforms, build capacity, and engage with stakeholders.

Author : Hong Sheng,Nong Zhao
Publisher : World Scientific
Page : 407 pages
File Size : 40,7 Mb
Release : 2013
Category : Business & Economics
ISBN : 9789814383844

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China's State-owned Enterprises by Hong Sheng,Nong Zhao Pdf

The Nature, the Performance, and the Reform of State-owned Enterprises provides a detailed description of state-owned enterprises (SOEs) in China with respect to both efficiency and income distribution. It shows that state ownership in the form of SOEs does not use resources efficiently and has a poor record in income distribution. Moreover, SOEs are found to enjoy unfair advantages in their competition with other firms. To illustrate the point, the book presents data revealing how favored policies, monopolistic powers, and subsidies benefit SOEs. These advantages are worth several trillion yuans a year. It is a sad irony that such wealth of the people is used to beef up the revenues of the SOEs, making their accounts look much better than they should be.This book, with its rich empirical data and information, is an authoritative reference for researchers interested in SOEs. It is also a good read for students of social sciences and the public to learn more about SOEs.

Author : Paul W. Macavoy,W.T. Stanbury,George Yarrow,Richard Zeckhauser
Publisher : Springer Science & Business Media
Page : 366 pages
File Size : 47,7 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9789401174299

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Privatization and State-Owned Enterprises by Paul W. Macavoy,W.T. Stanbury,George Yarrow,Richard Zeckhauser Pdf

The book is divided into three major sections. The first presents a theoretical discussion that underlies the other essays. The second section deals with privatization issues from the perspective of the United States. The third describes research addressed to the U. K. and Canada. In the first chapter, Richard Zeckbauser and Murray Horn develop a wide-ranging theoretical framework for assessing the capabilities and role of state-owned enterprises; it provides a foundation for the analyses that follow. In The Control and Perfonnance o[ State-Owned Enterprises , they describe state-owned enterprises as an extreme case of the separation of ownership and control. The focus is on management --the incentives it faces and the conflicts to which it is subjected. The distinguishing characteristics of public enterprise, the authors suggest, give it a comparative advantage over both public bureaucracy and private enterprise in certain situations. They argue that legislators are more likely to prefer SOEs over private enterprise when the efficiency of private enterprise is undermined by regulation or the tbreat of opportunistic state action, when the informational demands of subsidizing private production to meet distributional objectives are high, when it is difficult to assign property rights, or when state ownership is ideologically appealing. These considerations suggest why SOEs are usually assigned special rights and responsibilities, and they help explain observed regularities in the distribution of SOEs across countries and sectors. Zeckhauser and Horn apply principal-agent theory to identify the key factors underlying the performance of state-owned enterprises.

Author : Barry Naughton,Kellee S. Tsai
Publisher : Cambridge University Press
Page : 297 pages
File Size : 53,8 Mb
Release : 2015-06-09
Category : Business & Economics
ISBN : 9781107081062

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State Capitalism, Institutional Adaptation, and the Chinese Miracle by Barry Naughton,Kellee S. Tsai Pdf

This volume explores how Chinese institutions have adapted to the new challenges of 'state capitalism'.

Author : OECD
Publisher : OECD Publishing
Page : 75 pages
File Size : 52,7 Mb
Release : 2020-03-10
Category : Electronic
ISBN : 9789264471351

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Implementing the OECD Guidelines on Corporate Governance of State-Owned Enterprises: Review of Recent Developments by OECD Pdf

This report documents changes in state ownership and SOE governance in both OECD and partner economies and assesses the extent to which the Guidelines have served as a “roadmap for reform” in individual countries since 2015, following the most recent update of the Guidelines. Drawing on practices in up to 31 jurisdictions, it covers organising the state enterprise ownership function; safeguarding a level playing field between SOEs and private businesses; equitable treatment of shareholders and other investors; stakeholder relations and responsible business; transparency and disclosure practices; and professionalising boards of directors.

Author : Edimon Ginting,Kaukab Naqvi
Publisher : Unknown
Page : 368 pages
File Size : 46,7 Mb
Release : 2020-07-29
Category : Business & Economics
ISBN : 929262282X

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Reforms, Opportunities, and Challenges for State-Owned Enterprises by Edimon Ginting,Kaukab Naqvi Pdf

Author : OECD
Publisher : OECD Publishing
Page : 176 pages
File Size : 41,8 Mb
Release : 2016-12-08
Category : Electronic
ISBN : 9789264262096

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State-Owned Enterprises as Global Competitors A Challenge or an Opportunity? by OECD Pdf

An estimated 22% of the world’s largest firms are now effectively under state control, this is the highest percentage in decades. These firms are likely to remain a prominent feature of the global marketplace in the near future.

Author : Cynthia Day Wallace
Publisher : Martinus Nijhoff Publishers
Page : 1364 pages
File Size : 45,6 Mb
Release : 2002-04-02
Category : Law
ISBN : 904111789X

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The Multinational Enterprise and Legal Control by Cynthia Day Wallace Pdf

This long-awaited new book from Cynthia Day Wallace picks up the thread of her best-selling "Legal Control of the Multinational Enterprise: National Regulatory Techniques and the Prospects for International Controls," In the present work she applies herself to legal and pragmatic aspects of control surrounding MNE operations. The primary focus is on legal and administrative techniques and measures practised by host states to control - transparently or less so - foreign MNE activity within their territories, or even extraterritorially when effects are felt within national boundaries. The primary geographic focus is the six most investment-intensive industrialized states (namely, Canada, France, Germany, Japan, the United States and the United Kingdom). At the same time an important message of the present study is precisely the implication for the developing countries as well as for the emerging market economies of central and eastern Europe - and even Asian nations besides Japan, because it is the sharing of this very 'experience of years' that can best serve to facilitate a fuller participation on the part of the up-and-coming economies in the same global market place.