Download or read book State Enterprise in Singapore written by Philip Nalliah Pillai and published by NUS Press. This book was released on 1983 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book State Owned Enterprises in Singapore written by Cheng Han Tan and published by . This book was released on 2016 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: State owned enterprises are generally regarded as inefficient firms because of political objectives, external interference, and corruption. Notwithstanding this, studies have shown that Singapore state owned enterprises exhibit higher valuations than those of non-GLCs after controlling for firm specific factors and also have better corporate governance practices. In this paper, the authors posit an explanation. This explanation draws on the political, social and economic context that Singapore found herself in during the period of self-governance to the early years of independence from the late 1950s to the early 70s. The paper offers the view that the difficult economic conditions coupled with a contested democratic political environment in Singapore during this period played a significant role in fostering good political governance in Singapore which was in turn transposed to her state owned enterprises.
Download or read book Crisis Management and Public Policy written by Hui Ying Sng and published by World Scientific. This book was released on 2011 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: "One of the key themes of this book is to study economic crises and financial crises, and the policy measures that are available to manage them. The second key theme of the book is to review several public policies in Singapore, such as competition, healthcare, training, free trade agreements, state capitalism and inequality."--Publisher's description.
Download or read book Reforming State Owned Enterprises in Asia written by Farhad Taghizadeh-Hesary and published by Springer Nature. This book was released on 2021-02-23 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes state-owned enterprises (SOEs), which are still significant players in many Asian economies. They provide essential public services, build and operate key infrastructure, and are often reservoirs of public employment. Their characteristics and inherent competitive advantages as publicly owned enterprises allow them to play these critical roles. Their weaknesses in governance and inefficiencies in incentive structures, however, also often lead to poor performance. SOEs must be efficient, transparent, and accountable to level the playing field for private companies, secure the growth of a vibrant private sector, and achieve sustained and inclusive economic growth. This book analyzes the reform of SOEs in Asia, the results of which are mixed. The volume concludes that some key conditions generally need to be met for SOE reforms to be successful: national bureaucracies must have the capacity to implement the reforms, and adverse impacts on international trade and investment must be avoided.
Download or read book State Enterprise System and Economic Development in Singapore written by Chwee Huat Tan and published by . This book was released on 1974 with total page 614 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Technocrats in the State Enterprise System of Singapore written by Werner Vennewald and published by . This book was released on 1994 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book State owned Enterprise Reform in Vietnam written by C. Y. Ng and published by Institute of Southeast Asian Studies. This book was released on 1996 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study is a collaborative effort between officials and researchers from the transitional economy of Vietnam and researchers from the market economies of Japan and ASEAN.The first section covers aspects of the reform process undertaken in Vietnam as perceived by Vietnamese officials and scholars, and includes rare data and statistics. Section two deals with relevant aspects of the process of deregulation, liberalization and privatization experienced in Japan and the ASEAN countries. The final section provides recommendations for consideration by Vietnam’s economic reform planners. Vietnam became a member of ASEAN on 1 July 1995. This study can possibly contribute to Vietnam’s integration into the ASEAN economies.
Download or read book Corporate Governance of State Owned Enterprises written by Christopher C. Chen and published by . This book was released on 2014 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the effect of Temasek Holdings Pte Ltd, one of Singapore's two prominent sovereign wealth funds, on the corporate governance of its target companies in Singapore. It compares companies associated with Temasek with the other listed companies on the Singapore Exchange that form the components of the Straits Times Index. Based on these companies' 2012 annual reports, this paper finds that the companies in which Temasek has direct stakes have a higher proportion of independent directors and are more likely to have an independent director serving as chairman, indicating a higher quality of corporate governance. However, Temasek's success is not necessarily a result of law, but may have more to do with its self-disciplinary nature and the hands-off approach of the Singaporean government. This means that the Temasek model may not easily be copied by state-owned enterprises in other countries. However, the fact that Temasek plays like an active investor and complies with corporate law may prove that state-owned enterprises may still enjoy a higher quality of corporate governance, and that sovereign wealth funds may behave akin to responsible investors.
Download or read book The Political Economy of Singapore s Industrialization written by Garry Rodan and published by Springer. This book was released on 2016-02-03 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study which challenges the dominant understanding of Singapore as a case where "correct" policies have made rapid industrialization possible and which raises questions about the possibility and appropriateness of its emulation.
Download or read book Does State Capitalism Work in Singapore written by Isabel Joo Lay Sim and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: There is divided literature on the utility of government-owned and governmentrun enterprises. This study adds to this literature by examining Singapore's stateowned companies called Government Linked Companies ("GLCs"). It addresses three questions: (i) How does Temasek, Singapore's state holding company own and govern listed GLCs? (ii) Do financial and operating performances of Singapore's GLCs improve after privatisation? (iii) Is there a link between the GLCs' performance and their corporate governance? Using data relating to the period 1980 to 2008, the study examines the role of GLCs within Singapore's economic policies; how they are privatised; their corporate background and management; the role of Temasek; and GLCs' performance and corporate governance practices. In providing insights into the role of Singapore's GLCs, this thesis brings into question much of the literature that is adverse to government ownership. Singapore's GLCs are well managed, efficient and profitable. They have played a vital economic role in transforming Singapore from a developing third world country to a developed first world country. The study suggests that Temasek applies stringent governance and operating guidelines to GLCs. The financial and operating performance of GLCs does not improve post-privatisation. The study further suggests that GLCs' performance is not related to several attributes of governance including board size, duality of office, the political connectedness of board members and board interlocks.
Download or read book The Political Economy of a City state written by Linda Low and published by Oxford University Press, USA. This book was released on 1998 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: It uses a political economy approach to analyse how Singapore made its growth and development.
Download or read book Government Policy and Critical Success Factors of Small Businesses in Singapore written by Harold Siow Song Teng and published by Cambridge Scholars Publishing. This book was released on 2011-09-22 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the main economic players responsible for Singapore’s economic success is its small and medium-sized enterprises or SMEs. Their overall success has helped propel the country and its people forward. From economic policies to politics, Singapore is a planned and regulated economy. Singapore’s economic success story is actually the result of a form of capitalism carefully calibrated and controlled by the government. An important element or aspect of good critical success factors (CSFs) emerges from the role being played by the government. The existence of good government or public policies that are pro-business is vital for the success of firms. Despite the fact that government policies and CSFs are widely studied in areas around the world including in Singapore, there is no comprehensive prediction model available to test if firms have potential to be successful or are more prone to failures. Much research investigates the non-financial factors contributing to success versus failure of small firms, but empirical tests of the predictability of these factors are less common. This book, which is primarily quantitative/ positivist in nature will attempt to fill this gap.
Download or read book Local Entrepreneurship in Singapore written by Yuan Lee Tsao and published by Institute of Policy Studies Victoria University of Welling. This book was released on 1990 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Singapore Success Story written by Sree Kumar and published by United Nations Publications. This book was released on 2010 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Singapore has been touted as a success story in development literature. Various theories have been offered to explain how and why the city-state has succeeded, but none of them have received unanimous approval. This report will look at one of the key elements of the Singapore experience: that of a public-business sector alliance and its wider impact on decision-making and policy implementation within the city-state. It begins with a quick review of Singapore's development over the last forty years and then looks at some of the key "first principles" that animate this success. In particular, it focuses on some of the major agencies responsible for charting Singapore's development trajectory and the role that the business sector has played, and continues to play, in the evolution of strategies for growth.
Download or read book State Owned Enterprises in the Development Process written by OECD. Publishing and published by . This book was released on with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication is a first response of the OECD to the issue of what role is, or can be, assigned to SOEs as part of national development strategies. The first part of the publication overviews the experiences of five countries (Brazil, China, India, Singapore and South Africa) with using SOEs, and other government-controlled entities as agents of their development strategies. The second part reviews the growing internationalisation of SOEs through foreign trade and investment. These show implications that the usefulness of SOEs in promoting economic development hinges on a number of factors, not least the level of economic development at the beginning of the process. Indeed, if the government's ambition is to follow a development path already trod by numerous comparable nations it is relatively easy to hammer out a strategy and provide the SOEs with company-specific objectives toward the fulfilment of the strategy. However, experience also shows that some crucial conditions generally need to be met for such SOE-based strategies to be successful, taking into account the capacity of national bureaucracies and avoiding possible adverse impacts on international trade and investment.
Download or read book Public Enterprise in International Competition written by Douglas Joel Sikorski and published by . This book was released on 1987 with total page 1026 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Administration Singapore Style written by Jon S. T. Quah and published by Emerald Group Publishing. This book was released on 2010-04-21 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Singapore was ranked first for the competence of its public officials from 1999 to 2002 by "The Global Competitiveness Report". This book intends to provide a detailed study of public administration Singapore-style.
