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Corporate Governance of Public Enterprises in Transitional Economies

Author : Dominique Pannier
Publisher : World Bank Publications
Page : 168 pages
File Size : 36,34 MB
Release : 1996-01-01
Category : Business & Economics
ISBN : 9780821336366

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World Bank Technical Paper No. 323.Draws on the contrasting experiences of five large transitional economies--Hungary, Poland, Romania, Russia, and Ukraine--in the management and oversight of public enterprises. Relevant experiences of developed market economies are included.

Political Economy of Transition

Author : Jozef M. van Brabant
Publisher : Routledge
Page : 659 pages
File Size : 42,49 MB
Release : 2012-11-12
Category : Business & Economics
ISBN : 113474014X

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This book addresses the policy questions surrounding the challenge of transforming eastern European economies from their planned, administrative past to vibrant market-based entities. Jozef van Brabant considers in turn, the wider set of challenges facing these economies - stabilization, privatization, liberalization, institution building, and developing and maintaining the sociopolitical consensus - before examining the evolving role of the state. Using concrete examples from the eastern European countries throughout, including the Czech Republic and Bulgaria, this work systematically examines, in a society-wide context, the initial conditions of transformation, the policy tasks ahead and the manner in which policies have been pursued.

The Governance Structures of Chinese Firms

Author : Chun Liao
Publisher : Springer Science & Business Media
Page : 222 pages
File Size : 16,48 MB
Release : 2009-08-02
Category : Political Science
ISBN : 1441900365

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China’s extraordinary economic growth is inspiring research from a wide spectrum of fields to explain the phenomenon: What are the primary drivers of China’s economic growth? Can it be sustained? Can the Chinese business model be emulated by other countries? What long-term effects will China’s economic growth have on the global economy? In this volume, Chun Liao explores these issues in the context of firms’ governance structures, arguing that China’s dual business system of state-owned enterprises and private enterprises is uniquely suited to the challenges of economic development in the twenty-first century. On the one hand, China’s state-owned enterprises are characterized by state coordination, bank financing, insulation from the stock market fluctuations, and incremental productivity-enhancing innovations, which are similar to the firms in the business systems of coordinated market economies (like Germany and Japan). On the other hand, China’s private enterprises are characterized by private (often family) ownership, hard budget constraints, profit maximization, and more risky radical innovation, which are similar to the firms in the business systems of liberal market economies (like the US and the UK). Based on the state controlling shareholding in the state sector, the boundary between the state sector business system and private sector business system is clear. This dual type system is contrasted with those in liberal market economies and those in coordinated market economies, where only one type system dominates. Drawing from empirical data and industry analysis over the past 15 years, Liao provides unparalleled access to the dynamics of the Chinese economy, including ownership structure, management design, labor-management relations, business infrastructure, capitalization (including role of banks and financial institutions, private investment, and FDI) in both the public and private sectors. In the process, she analyzes both opportunities and challenges that result from China’s dual business system, particularly in regard to innovation, core competitiveness, and sustainable growth in both state strategic technology-based industries and private high technology industries . The result is an approach that sheds new light on China’s economic performance and its rise as a player on the international stage.

Managing Public Expenditure A Reference Book for Transition Countries

Author : OECD
Publisher : OECD Publishing
Page : 497 pages
File Size : 45,91 MB
Release : 2001-03-20
Category :
ISBN : 9264192603

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Managing Public Expenditure presents a comprehensive and in-depth analysis of all aspects of public expenditure management from the preparation of the budget to the execution, control and audit stages.

Corporate Governance and Enterprise Reform in China

Author : Stoyan Tenev
Publisher : World Bank Publications
Page : 188 pages
File Size : 34,85 MB
Release : 2002
Category : Business & Economics
ISBN : 9780821351369

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As China continues in its evolution from a planned economy to a market economy, and from an agricultural to a manufacturing and service-oriented economy, issues arising from owner diversification, corporate governance, and labor resource allocation have come to the forefront. Most particularly, corporate governance is being focused on as the state continues its withdrawal from direct ownership. This study evaluates short- and medium- term corporate governance issues impacting companies involved in ownership diversification. It examines problems associated with governance such as cost and framework design and makes recommendations concerning the many facets of corporate governance.

Perspectives on International, State and Local Economics

Author : Gerald V. Liu
Publisher : Nova Publishers
Page : 262 pages
File Size : 23,4 MB
Release : 2006
Category : Business & Economics
ISBN : 9781600210990

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If all politics are local, then all economics are also international, regional and local. Globalisation, for all its mystery and so-called inevitability, has its foundations and bloodlines in urban and regional economics. The economic impacts of poverty, housing, transportation, education, and crime are included. This book includes within its scope: multiplier and impact analysis, input-output models, growth theory, migration, urban and regional labour markets, urban and regional public policy, regional devolution, small firms policy, and foreign direct investment.

China in the Global Economy Reforming China's Enterprises

Author : OECD
Publisher : OECD Publishing
Page : 129 pages
File Size : 21,88 MB
Release : 2000-09-05
Category :
ISBN : 9264187715

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This volume describes the main reforms that are being undertaken in China's enterprises, the progress that is being made, the problems that are being encountered, and the challenges that remain to be overcome.

Corporate Networks in Europe and the United States

Author : Paul Windolf
Publisher : Oxford University Press, USA
Page : 266 pages
File Size : 10,89 MB
Release : 2002
Category : Business & Economics
ISBN : 9780199256976

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Corporate networks form part of the institutional structure of markets and enable firms to coordinate their behaviour and regulate competition. This text evaluates comparative data on interlocking directories and capital networks between the large corporations in six countries.