The Role of Public Enterprises in Regional Competition

Author(s):  
Peter Friedrich ◽  
Xiao Feng
2017 ◽  
Author(s):  
Μαντώ Λαμπροπούλου (Manto Lampropoulou)

Over the past two decades, utilities policy in Greece has been steadily shifting towards privatization and liberalization. This shift signified a critical reconsideration of the boundaries and the dynamics of the relationship between the state and the market in network industries. Public debate usually focuses on issues of ownership of public enterprises and economic performance. On the contrary, this book places the emphasis on the socio-economic implications of utilities policy for citizens. A key issue is the impact of privatization on the relationship between government (state), public enterprises (market) and citizens (society). The study covers the period from the post-war state monopolies to the current circumstances of mixed/private ownership of public enterprises and liberalized markets. The main questions addressed in this book are the following: What is the rationale (legitimization) for government intervention in the utilities sector? What are the politics of nationalization and privatization? How different policy contexts affect the institutional, organizational and regulatory framework of the utilities sector? Who are the key-stakeholders and policy actors? What is the role of citizens? What is the (re)distribution of utilities policy costs and benefits among stakeholders?


2017 ◽  
Vol 7 (1) ◽  
pp. 153 ◽  
Author(s):  
Hysen Ismajli ◽  
Muhamet Aliu ◽  
Arben Sahiti ◽  
Lumbardha Lutolli

The main purpose of this paper is to verify whether the internal audit affects the detection of anomalies and fraud in the financial statements of public companies in Kosovo. To achieve this purpose, we have prepared a questionnaire and distributed to public enterprises in the Republic of Kosovo. The questionnaire includes open and closed questions in the form of Likert scale established to asess proposition and oposition of the participants. Responses were analyzed through SPSS software, and hypotheses were tested by analyzing the correlation. Based on results we can conclude that the role of internal audit can serve as a starting point in finding fraud and errors in financial reports.


2019 ◽  
Vol 10 (2) ◽  
pp. 234
Author(s):  
Harry Entebang

The growth of public enterprises or government-linked companies (GLCs) has been phenomenal over the years. However, the performance of GLCs remains a major concern. On the other hand, past studies have postulated that there is a strong relationship between corporate entrepreneurship (CE), entrepreneurial orientation (EO) and firm performance. Despite this, viewing GLCs’ performance in the context of CE or EO has received minimal attention among strategic management and entrepreneurship scholars. This paper highlights and discusses the performance of GLCs within the context of CE. Given the role of EO as a direct predictor while proposing CE internal and external factors as moderators of the EO-CE performance relationship in GLCs, a proposed framework of CE within the context of GLCs in Malaysia is proposed.


2013 ◽  
Vol 205 (2) ◽  
pp. 9-31 ◽  
Author(s):  
Roberto Fernández Llera ◽  
María A. García Valiñas
Keyword(s):  

Author(s):  
Seyhan Taş ◽  
Mehmet Akif Kara ◽  
Sena Türkmen ◽  
Enver Günay

It is observed that regional economic policies, which are applied to reduce the regional imbalances and to improve the income and employment in underdeveloped regions, tend to change in time. This change in turn brings out the concept of regional competition. This change also reflects the state’s policy tools, while the concept of regional efficiency becomes to be determinative in state’s regional economic policies in addition to the concept of regional equality. In this context the public policies of regional level can be said as following: first to develop regional infrastructural investments, second; to support the small and medium sized firms and the clusters around them which can stimulate internal potential of the region, and to develop the technological and innovative frames of the firms. Similar changes occur in Turkey as well together with the European Union membership process, while the concept of regional competition begins to shape the regional economic policies with the legal and institutional arrangements. In this study, we tried to assess the changing role of the state, especially from the point of Turkey, in the regional development policies.


1984 ◽  
Vol 23 (2-3) ◽  
pp. 147-163 ◽  
Author(s):  
Khwaja Sarmad

The importance of the profitability of public enterprise for capital expansion and development has been highlighted in various studies, e.g. in (2], [4] and (5). In Pakistan the increasing role of the public sector in resource mobilization points to the need for analysing public enterprise profitability because of its immense importance for capital financing and growth. This paper analyses the profitability of public enterprises in Pakistan using a Ratio analysis methodology which chooses performance indicators on the basis of their sensitivity to the operational health of the enterprises. The profitability ratios discussed here have been derived from the public-enterprise balance-sheets [9] and constitute the choice-set from which four ratios have been selected on the basis of their predictive power. (See [I], [3], [8] and [10].) In this way, the arbitrariness involved in the choice of the appropriate ratios for analysing enterprise profitability is overcome, even though profitability measurement may still be distorted to such an extent that effective prices diverge from opportunity costs. This makes the task of performance evaluation difficult as such an exercise has to take into account the implications of market distortions. The usefulness of profitability as an indicator of relative inter-firm performance is therefore limited by the fact that prices are administered with reference to products and are not tied to firm experience. But, owing to the lack of data on the required variables, the effect of market distortions on profitability is difficult to analyse.


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