Corporatization and privatization

2021 ◽  
pp. 67-85
Author(s):  
Malcolm Abbott ◽  
Bruce Cohen
Keyword(s):  
Business Enterprises ◽  
The Government

In this chapter the issues of corporatization and privatization are examined. This means looking at the reasons behind the dissatisfaction with the performance of the government business enterprises that arose in the 1980s and 1990s, and exploring some of the steps taken to address them. In addition to providing an account of the process and elements of corporatization, a survey of the privatization of government-owned enterprises in Australia since the 1980s is presented. This includes an analysis of the sequence and pace of the sales, the industries in which they occurred, and by jurisdiction. In addition, the quantum of Australia’s privatisations since 1990 is illustrated, with estimations of sale prices shown in terms of Constant $ values.

PROFESSORS' PAY IN CHINA

PEDIATRICS ◽  
1989 ◽  
Vol 84 (3) ◽  
pp. A86-A86
Author(s):  
J. F. L.
Keyword(s):  
The Other ◽  
Taxi Drivers ◽  
Chinese Business ◽  
Business Enterprises ◽  
The Government ◽  
Research Institute

Beijing, April 7—The director of a research institute here made a novel proposal the other day: he suggested that full professors receive the same salary as waitresses at the nearby Shangri-La Hotel. There is little chance that the Government will approve the proposal, which would involve huge pay increases for the professors. But his idea underscores the humble circumstances of teachers in China, contributing to what is widely perceived today as a crisis in education. A professor in China averages $39.50 a month, a bit less than the average for employees in Chinese business enterprises, and much less than taxi drivers or waitresses at international hotels.

Chuidian v. Philippine National Bank

1991 ◽  
Vol 85 (2) ◽  
pp. 342-345
Author(s):  
George Kahale
Keyword(s):  
The State ◽  
Foreign Loan ◽  
Letter Of Credit ◽  
Loan Guarantee ◽  
Presidential Commission ◽  
Good Government ◽  
National Bank ◽  
Business Enterprises ◽  
The Government

The dispute arose out of a 1985 settlement of litigation between Vincente Chuidian, a Philippine national, and the Philippine Export and Foreign Loan Guarantee Corporation (Guarantee Corporation). As part of the settlement, the state-owned Philippine National Bank (Bank) issued a letter of credit to Chuidian on behalf of the Guarantee Corporation. After the Government of President Aquino took office in 1986, the Presidential Commission on Good Government (Commission) was formed and “charged with recovering ‘ill-gotten wealth’ accumulated by Marcos and his associates.” The Commission was authorized to enjoin acts that might frustrate its efforts. Raul Daza, a member of the Commission, instructed the Bank not to pay on the letter of credit issued to Chuidian, claiming that the Commission suspected that the settlement had been fraudulently entered into to prevent the revelation of facts concerning Marcos’s involvement in Chuidian’s business enterprises.

KINERJA IMPLEMENTASI PROGRAM BADAN USAHA MILIK DESA BERSAMA DI KABUPATEN BANYUMAS

2018 ◽  
Vol 16 (1) ◽  
pp. 77-92
Author(s):  
Chamid Sutikno ◽  
Slamet Rosyadi ◽  
Denok Kurniasih
Keyword(s):  
Program Implementation ◽  
Research Method ◽  
Qualitative Method ◽  
Social Institutions ◽  
Community Empowerment ◽  
Business Unit ◽  
Business Enterprises ◽  
The Government ◽  
Social Units

This research was motivated by the existence of a policy regarding the establishment of village-owned enterprises regulated in the Banyumas District Regulation No. 6 of 2016 concerning the Establishment and Implementation of Village-Owned Enterprises. However, the policy cannot run optimally where many villages do not have village-owned enterprises. So that one of the efforts made by the government is to establish a joint village-owned business entity (BUMADes). The purpose of this study aims to analyze and learn how the program implementation of joint village-owned enterprises in Banyumas Regency. To achieve the research aims, the research method used in this study was a qualitative method. This study found that the performance of the implementation of joint village-owned enterprises in Banyumas Regency, in general, has not run optimally. This is indicated by two aspects. First, the community and the government have not fully understood the implementation of joint village-owned enterprises. Second, similarities in the vision and mission of the two parties are more directed towards empowerment efforts so that the BUMADes implementation of the joint village-owned business enterprises program has not yet become a profit-oriented business unit (commercial institution). In fact, it is more directed at social units that has the aim for community empowerment (social institutions).

Government Corporations and Federal Funds

1937 ◽  
Vol 31 (6) ◽  
pp. 1094-1107 ◽  
Author(s):  
John McDiarmid
Keyword(s):  
Public Administration ◽  
Federal Government ◽  
Federal Funds ◽  
Corporate Form ◽  
Red Tape ◽  
Recent Trends ◽  
Business Enterprises ◽  
The Government ◽  
Government Corporations

The increasing use of the government corporation in the conduct of governmental business enterprises is one of the most significant of recent trends in public administration. Indeed, the corporate device represents one answer to the charge that government is so poorly organized and so beset by red tape that public operation of economic enterprise is inevitably sluggish and inefficient. Most notably during the mobilization crisis of 1917 and the depression years following 1929, when speedy and vigorous action was needed, the federal government has relied heavily upon government corporations which could cut through red tape and “get things done.” Also in more normal times, however, particular enterprises somewhat isolated from regular governmental activities have been carried on in corporate form.

scholarly journals Cmmunity development: The risks and opportunities of affirmative business enterprises’ participation in construction in South Africa

2003 ◽  
Vol 22 (1) ◽  
pp. 27-30
Author(s):  
A. C. Hauptfleisch ◽  
G. J. Meintjes
Keyword(s):  
South Africa ◽  
Construction Industry ◽  
Construction Projects ◽  
Lessons Learned ◽  
Literature Study ◽  
Construction Enterprises ◽  
Goods And Services ◽  
Business Enterprises ◽  
The Government ◽  
Procurement Strategies

This research focuses on community development, specifically the upliftment and empowerment of previously disadvantaged people, through the participation of affirmative business enterprises (ABEs), in construction projects in South Africa. The significant change in the government’s approach to procurement of goods and services in the construction industry since 1994 and the development and implementation of affirmative procurement strategies by the government after 1994, gave rise to this research. Based on a literature study and a survey done by means of a questionnaire, this study identifies and evaluates the risks and opportunities as a result of the participation of ABEs in construction projects.  The experience gained and lessons learned by construction managers of established construction enterprises, who were involved in managing these risks and opportunities, are analysed.  On the basis of the foregoing, recommendations are made to enhance the successful outcomes of future development projects.

scholarly journals Relationships between capabilities-strategy alignment and accountability-emphasis in government business enterprises

2011 ◽  
Vol 1 (1) ◽  
pp. 252 ◽  
Author(s):  
Cheaseth Seng
Keyword(s):  
Senior Managers ◽  
Factors Affecting ◽  
Research Perspective ◽  
The Public ◽  
Strategy Alignment ◽  
Business Enterprises ◽  
The Government ◽  
Strategy Types ◽  
New Research ◽  
Organisational Strategy

This study introduces a new research perspective to the investigation of factors affecting management’s attention to the rendering of their organisation’s managerial and public accountabilities. It draws on management studies of the fit between organisational strategy-types and capabilities and extends this literature to a new organisational context of government-owned business enterprises (GBEs) that act as fully competitive profit-making enterprises, but are made strongly accountable to the government minister, the parliament and the public. Sets of capabilities-strategy alignments are modelled, including prospecting GBEs with technology strengths, defender GBEs with market-linking capabilities and analyser GBEs with a balance of capabilities. These sets are then assessed in terms of their consequences for the emphasis given by management to processes and systems for discharging the GBE’s accountability outcomes. Data is collected through a questionnaire to senior managers of 141 GBEs in Australia. The findings are mostly consistent with prior studies conducted in private sector companies, even though strategy-capabilities alignments are related to accountability rather than financial performance. The findings provide insights to GBEs’ management and relevant government ministers concerning the continuing need to appropriately align strategies and capabilities of GBEs and the consequences of such alignment for the rendering of accountability. 

An Investigation on Practical Information Disclosures by Non-Profit Organizations in China

2019 ◽  
Vol 9 (1) ◽  
pp. 64-71
Author(s):  
Hirofumi Kojima ◽  
Qiuju Wang ◽  
Mineo Tsuji
Keyword(s):  
Social Environment ◽  
Information Disclosure ◽  
Public Services ◽  
Non Profit ◽  
The Social ◽  
Practical Information ◽  
Business Enterprises ◽  
The Government ◽  
Disclosure Practice

Changes in the social environment have made the people's needs of public services present-day in China. However, the needs are so large that the government cannot always answer such needs on its own account. Therefore, a non-profit organization (NPO) is expected to solve this problem. Here, NPOs should appropriately provide the information that meets the needs of their stakeholders. Such information could establish trust in their management just like the business enterprises. Most of items regard the Foundation Transparency Index (FTI) as an indicator concerning the quality of NPOs' information disclosure. However, the quality should be embodied not only in the completeness but also in the accuracy and the timeliness. The article deals with the case of China Charities Aid Foundation for Children (CCAFC) which got the full-mark of FTI. It focuses on researching the information disclosure practice by CCAFC from 2010 to 2017. It finds out that though the CCAFC got the full-mark, the information disclosure still has problems not only in the completeness but also in the accuracy.

scholarly journals INTRODUCTION TO A SOCIAL-FUNCTIONAL APPROACH IN THE INDONESIAN CONSUMER PROTECTION LAW

2019 ◽  
Vol 5 (1) ◽  
pp. 49-79
Author(s):  
Shidarta Shidarta ◽  
Stefan Koos
Keyword(s):  
Consumer Protection ◽  
Functional Approach ◽  
Regional Level ◽  
Protection System ◽  
Legal Study ◽  
Rational Choices ◽  
Business Enterprises ◽  
The Government

This legal study, using a social-functional approach, underscores the importance of developing a viable social consumer protection system. Through it the government should promote a more effective consumer protection system in which any obstacle hampering consumer’s ability to obtain information necessary to make rational choices can be prevented.  In short, a system protecting consumer’s right to obtain information.  In this context, business enterprises are still expected to participate and support consumer protection movements at the national as well as regional level in which the end goal is to develop a fair business competition climate.

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