Improving state enterprise performance

No AccessWorld Bank Technical Papers12 Aug 2013Improving state enterprise performanceThe role of internal and external incentivesAuthors/Editors: Russell Muir, Joseph P. SabaRussell Muir, Joseph P. Sabahttps://doi.org/10.1596/0-8213-3470-0SectionsAboutPDF (1.2 MB) ToolsAdd to favoritesDownload CitationsTrack Citations ShareFacebookTwitterLinked In Abstract:The central objective of the research summarized in this report was to explore the ways and means of reforming state-owned enterprises (SOEs) to achieve efficiency, profitability and accountability. Specifically, this project sought to: 1) survey international experience in SOE reform; 2) develop models and identify key factors for successful reform; and 3) formulate recommendations. The research was two-pronged. First, eight case studies of large, industrial SOEs in the tradeables sector in OECD and non-OECD countries were developed. Second, since a key defining characteristic of international SOE reforms has been the reorganization of SOEs into the corporate form, considerable attention is given to analysis of the corporate form, in particular its fundamental attributes and the dynamic interplay of its internal organization and critical external market factors. In this analysis, the three most common international models of corporate organization are considered. Taking into account the case studies and the corporate analysis, the report focuses on how SOEs might be reformed as modern corporations; what incentives are needed to achieve the reform goals and the systemic limits to reform. Finally, recommendations for specific actions to enhance, sustain and lock-in reform gains are offered. Previous bookNext book FiguresReferencesRecommendedDetailsCited ByState-Owned Enterprises26 November 2021Mapping the Intersection Between Corporate Governance and (Strategic) Management2 September 2021Theories, Models and Mechanisms29 June 2020State-Owned Enterprises12 April 2019State-Owned Enterprises20 May 2016Competitive Neutrality: Challenges on the Application for VietnamSSRN Electronic JournalPerformance Monitoring16 October 2014Exploring the sources of privatization‐induced performance changesJournal of Organizational Change Management, Vol.20, No.1Corruption in Public Service Delivery: Experience from South Asia's Water and Sanitation SectorWorld Development, Vol.32, No.1Law, Enforcement and Corporate Debt Policies Around the WorldSSRN Electronic JournalReforming Public Enterprises in South KoreaInternational Review of Public Administration, Vol.5, No.2A Sino-American Comparison of Budget and Accounting CoveragePrivatization Policy in Korea: A Theoretical and Empirical ConsiderationKorean Review of Public Administration, Vol.2, No.225 March 2014 View Published: October 1995ISBN: 978-0-8213-3470-6 Copyright & Permissions Related TopicsPoverty Reduction KeywordsPUBLIC ENTERPRISESEFFICIENCYPROFITABILITYCORPORATIONSINCENTIVESORGANIZATION FOR ECONOMIC COOPERATION & DEVELOPMENT PDF DownloadLoading ...

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