Download or read book State Owned Enterprises and Corruption What Are the Risks and What Can Be Done written by OECD and published by OECD Publishing. This book was released on 2018-08-27 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corruption is the antithesis of good governance, and it is a direct threat to the purpose of state ownership. This report brings a comprehensive set of facts and figures to the discussion about the corruption risks facing state-owned enterprises (SOEs).
Download or read book Governance and State Owned Enterprises How Costly is Corruption written by Ms.Anja Baum and published by International Monetary Fund. This book was released on 2019-11-22 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: State-owned enterprises (SOEs) are present in key sectors of the economies around the world. While they can provide an important public service, there is widespread concern that their activities are negatively affected by corruption. However, there is limited cross-country analysis on the costs of corruption for SOEs. We present new evidence on how corruption affects the performance of SOEs using firm level data across a large number of countries. One striking result is that SOEs perform as well as private firms in core sectors when corruption is low. Taking advantage of a novel database reforms, we also show that SOE governance reforms can generate significant performance gains.
Download or read book The Power of Governance written by R. Khoza and published by Springer. This book was released on 2007-05-01 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Eskom is a South African company that has developed from a state utility under apartheid into a competitive state-owned enterprise. This book draws on the knowledge about corporate governance in state-owned enterprises. It locates Eskom's experience in that context and argues that a state-owned enterprise can be run as efficiently as any other.
Download or read book Corporate Governance Safeguarding State Owned Enterprises from Undue Influence Implementing the OECD Guidelines on Anti Corruption and Integrity in State Owned Enterprises written by OECD and published by OECD Publishing. This book was released on 2023-01-26 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: State-owned enterprises (SOEs) remain vulnerable to being used as conduits for political finance, patronage, and personal or related-party enrichment. Lingering weaknesses in corporate governance and ownership arrangements can expose SOEs to such exploitation and undermine SOE efforts to uphold integrity.
Download or read book State owned Enterprises and Corruption written by Organisation for Economic Co-operation and Development and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Corporate Governance of State Owned Enterprises written by World Bank Publications and published by World Bank Publications. This book was released on 2014-10-02 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book State owned Enterprises and Corruption written by Organisation for Economic Co-operation and Development and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Safeguarding State Owned Enterprises from Undue Influence written by and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: State-owned enterprises (SOEs) remain vulnerable to being used as conduits for political finance, patronage, and personal or related-party enrichment. Lingering weaknesses in corporate governance and ownership arrangements can expose SOEs to such exploitation and undermine SOE efforts to uphold integrity. This report highlights these weaknesses and provides state owners with a better understanding of which activities are effective in insulating SOEs from undue influence. It also takes stock of how OECD member and participating countries are implementing relevant provisions of the OECD Guidelines on Anti-Corruption and Integrity in SOEs, serving as the first report on the implementation of the Guidelines since their adoption in 2019.
Download or read book State owned enterprises in Africa and the economics of public service delivery written by Fulufhelo G. Netswera and published by AOSIS. This book was released on 2023-03-01 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book intends to provide a continuous assessment of the crisis in governance in Africa. As it is, there are huge deficits in the capacity of African states to harness vast human and material resources to promote good governance. This manifests in pervasive corruption, collapsed service delivery, collapsed state-owned enterprises, eroded social trust, capital flight, escalating levels of poverty and wars, human insecurity, and stunted growth. The public sector is the pulse of service delivery because the entire governance system revolves around the sourcing of materials and services, mostly from the private sector, in order to achieve its public policy intents. The procurement process, therefore, ordinarily ought to yield positive economic outcomes and an efficiency-driven system in favour of the government itself and its service recipients. However, this more often than not is not the case. Despite its enormous wealth, the African continent is in an economic quagmire, a dilemma that requires multi-facet research activities. This is the motivation for this book.
Download or read book Reforms Opportunities and Challenges for State Owned Enterprises written by Edimon Ginting and published by Asian Development Bank. This book was released on 2020-07-01 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: State-owned enterprises (SOEs) play significant roles in developing economies in Asia and SOE performance remains crucial for economy-wide productivity and growth. This book looks at SOEs in Azerbaijan, Indonesia, Kazakhstan, the People's Republic of China, and Viet Nam, which together present a panoramic view of SOEs in the region. It also presents insights from the Republic of Korea on the evolving role of the public sector in various stages of development. It explores corporate governance challenges and how governments could reform SOEs to make them efficient drivers of the long-term productivity-induced growth essential to Asia's transition to high-income status.
Download or read book State Owned Enterprises in Middle East North Africa and Central Asia Size Costs and Challenges written by Mr. Ernesto Ramirez Rigo and published by International Monetary Fund. This book was released on 2021-09-20 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prior to the COVID-19 shock, the key challenge facing policymakers in the Middle East, North Africa, and Central Asia region was how to generate strong, sustainable, job-rich, inclusive growth. Post-COVID-19, this challenge has only grown given the additional reduction in fiscal space due to the crisis and the increased need to support the recovery. The sizable state-owned enterprise (SOE) footprint in the region, together with its cost to the government, call for revisiting the SOE sector to help open fiscal space and look for growth opportunities.
Download or read book 10 ANTI CORRUPTION PRINCIPLES FOR STATE OWNED ENTERPRISES A Multi stakeholder Initiative of Transparency International written by Peter Wilkinson and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The State owned Enterprise as a Vehicle for Stability written by Neil Efird and published by Strategic Studies Institute. This book was released on 2010 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: State-owned enterprises (SOEs) tend to be providers of essential public services, such as electric power companies, water utilities, ports, and transportation networks, but SOEs also engage in an array of commercial activities involving airlines, banks, basic commodity plantations, textile manufacturing, and vehicle assembly plants. Given this magnitude of SOE activity, during the immediate post-conflict period, especially that first 6 months when organizations such as Provincial Reconstruction Teams (PRTs) can be used for the initial screening, prioritization, and selection of SOE revitalization candidates, planners should not neglect the need for institution-building, which usually requires medium- and long-term expertise typically found in economic development agencies. The need is pertinent given that SOEs can be national in scope of operation and scale of resources, and the effective management of the SOEs and their operations can significantly affect national-level economic development. Therefore, agents engaged in stability operations should work with development planners to encourage mid- to long-term institutional capacity building that enhances the conflict-prone country's broader capacity for sustained growth. The intended end state of SOEs in stability operations should be functioning entities that can attract new investment, perhaps by privatization when and where appropriate. Although revitalizing SOEs can be complex and ambiguous, the task can be a useful, intermediate objective on the road to a post-conflict sustainable economy.
Download or read book The Compliance Without Borders Handbook Strengthening Integrity in State Owned Enterprises Through Peer Learning written by OECD and published by OECD Publishing. This book was released on 2023-07-26 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corruption in state-owned enterprises has a unique ability to undermine governments, markets and citizens’ wellbeing. While international standards promote integrity in the state-owned sector, their implementation remains a challenge.
Download or read book Corruption Charges Against Executives and Stock Value of Chinese State Owned Enterprises written by Kam Ki Tang and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Internal Control and Corruption written by Wei Shu and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the effectiveness of internal control quality on corruption activities by managers using a sample of Chinese state-owned enterprises. Our empirical evidence shows that firms with high-quality internal controls are associated with less corruption activities, measured as scandal possibility and PERK. We further find that the role of internal controls on corruption activities depends on the managerial power. Our findings provide evidence that internal control quality can play a positive role in firm value in concentrated ownership structures and in emerging markets.
Download or read book OECD Development Policy Tools Corruption in the Extractive Value Chain Typology of Risks Mitigation Measures and Incentives written by OECD and published by OECD Publishing. This book was released on 2016-08-18 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report is intended to help policy makers, law enforcement officials and stakeholders strengthen prevention efforts at both the public and private levels, through improved understanding and enhanced awareness of corruption risk and mechanisms.
