Studies on a Grey Financial Alert Model of the Public Corporations Based on Degree of Grey Incidence

2009 ◽  
Author(s):  
Jia-xiang Zhu ◽  
Qing-mei Tan
Keyword(s):  
The Public ◽  
Public Corporations

scholarly journals The impact of globalization on Workers: an Analysis of Nigerian Public Service

2018 ◽  
Vol 7 (3.30) ◽  
pp. 480
Author(s):  
Aminu Mohammed Lawan ◽  
Razlini Mohd Ramli
Keyword(s):  
Information And Communication Technology ◽  
Communication Technology ◽  
Public Service ◽  
Secondary Data ◽  
The Public ◽  
Public Corporations ◽  
Public Servant ◽  
Information And Communication ◽  
The Right ◽  
The Impact

Globalization is the increasing interaction of peoples, states or countries through the growth of the global trade, international flow of capital, ideas and culture. The paper discusses how privatization of public corporations and invention of information and communication technology (ICT) lead to the retrenchment and casualization of public servant. The aim of this study is to examines the impact of globalization on the public servant in Nigeria. The methodology involves the use of secondary data, through a systematic literature review which entails the document analysis of related matters. The findings reveal that globalization infringes on the right of a public servant by making them vulnerable without job security. The paper concludes that government must stop unfair labor practice such as retrenchment and casualization of workers, and improve good working conditions to make public servant more productive. 

scholarly journals Is the US Public Corporation in Trouble?

2017 ◽  
Vol 31 (3) ◽  
pp. 67-88 ◽  
Author(s):  
Kathleen M. Kahle ◽  
René M. Stulz
Keyword(s):  
Cash Holdings ◽  
Capital Expenditures ◽  
Public Firms ◽  
The Public ◽  
Public Corporations ◽  
Current State ◽  
Public Company ◽  
The Us ◽  
Public Corporation

We examine the current state of the US public corporation and how it has evolved over the last 40 years. After falling by 50 percent since its peak in 1997, the number of public corporations is now smaller than 40 years ago. These corporations are now much larger and over the last twenty years have become much older; they invest differently, as the average firm invests more in R&D than it spends on capital expenditures; and compared to the 1990s, the ratio of investment to assets is lower, especially for large firms. Public firms have record high cash holdings and, in most recent years, the average firm has more cash than long-term debt. Measuring profitability by the ratio of earnings to assets, the average firm is less profitable, but that is driven by smaller firms. Earnings of public firms have become more concentrated—the top 200 firms in profits earn as much as all public firms combined. Firms' total payouts to shareholders as a percent of earnings are at record levels. Possible explanations for the current state of the public corporation include a decrease in the net benefits of being a public company, changes in financial intermediation, technological change, globalization, and consolidation through mergers.

William Gibbs McAdoo, the Emergency Fleet Corporation, and the Origins of the Public-Authority Model of Government Action

1999 ◽  
Vol 11 (1) ◽  
pp. 59-88 ◽  
Author(s):  
Gail Radford
Keyword(s):  
World War Ii ◽  
Political Development ◽  
Government Officials ◽  
American Government ◽  
Public Authorities ◽  
The Public ◽  
Public Corporations ◽  
The Government ◽  
Regulatory Commission ◽  
Organizational Principles

American government officials experimented with a variety of tools for public administration in the early twentieth century. The regulatory commission became the best known of these new institutional forms, but another Progressive Era innovation with profound and ambiguous implications for U.S. political development was the government-sponsored corporation. Often called “public corporations,” these instrumentalities were created to carry out public purposes, but they were established as separate legal entities to function outside the standard departmental structure of government (and its organizational principles and restrictions). Today, these structures are most prolific at the state and municipal level, where they are generally termed “public authorities.” Since World War II they have been the fastest growing kind of government unit, with, at present, around ten thousand in existence. While everyone perceives these institutions as important players in local affairs, even well-informed citizens are frequently puzzled when it comes to knowing exactly what they are or what they do.

Public Agencies and Private Agencies

1924 ◽  
Vol 18 (1) ◽  
pp. 34-48
Author(s):  
James D. Barnett
Keyword(s):  
Public Agencies ◽  
Public And Private ◽  
The Public ◽  
Public Corporations ◽  
Public Corporation ◽  
Fundamental Distinction ◽  
Private Corporations ◽  
Legal Entities

Is there any fundamental distinction between so-called “public” and “private” agencies, officers, institutions, corporations, associations, persons—legal entities and quasi-entities of all sorts? It is the theory of the courts that such a distinction exists, but their attempts through a maze of decisions logically to establish a principle of distinction have been futile.Several bases of distinction have been adopted by the courts, including, first, the purpose or interest involved. “An office … seems to comprehend every charge or employment in which the public is interested.” Thus “private corporations are those which are created for the immediate benefit and advantage of individuals…. Public corporations are those which are created for public purposes.”However, it is held that the whole interest in the corporation must be public to make it a public corporation. “Public corporations are political corporations or such as are founded wholly for public purposes and the whole interest in which is in the public. The fact of the public having an interest in the works or property or the object of a corporation, does not make it a public corporation.”

Analyzing profitability ratios of leading global public oil and gas corporations

2020 ◽  
Vol 13 (2) ◽  
pp. 200-215
Author(s):  
O.V. Shimko
Keyword(s):  
Oil And Gas ◽  
Financial Economic ◽  
Annual Reports ◽  
Public Companies ◽  
Difficult Situation ◽  
Balance Sheets ◽  
The Public ◽  
Public Corporations ◽  
Wear And Tear ◽  
Transformation Methods

Subject. The article discusses the key profitability metrics of the largest public companies in the oil and gas (O&G) industry from 2006 to 2018. The analysis encompasses ExxonMobil, Chevron, ConocoPhillips, Occidental Petroleum, Devon Energy, Anadarko Petroleum, EOG Resources, Apache, Marathon Oil, Imperial Oil, Suncor Energy, Husky Energy, Canadian Natural Resources, Royal Dutch Shell, BP, TOTAL, Eni, Equinor (Statoil), PetroChina, Sinopec, CNOOC, Petrobras, PJSC Gazprom, PJSC Rosneft Oil Company и PJSC LUKOIL. Objectives. The study assesses key profitability metrics of leading public corporations in oil and gas, identifies key trends in their developments as part of the analyzable period. We also determine what triggered such a transformation. Methods. We employed methods of comparative and financial-economic analysis, summarized official annual reports on financial and business operations prepared by major public O&G corporations. Results. Upon the comprehensive analysis of balance sheets prepared by 25 O&G corporations, we evaluated the dynamics of key profitability indicators in the public segment of O&G industry and determined what triggered the transformation. Conclusions and Relevance. For the analyzable period, major public O&G corporations were found to have become less profitable, especially manifesting this during the global financial and sectoral crisis. Some independent U.S. corporations are facing the most difficult situation. The public segment saw their profitability indicators fall, because the growth rate of operational expenses exceeded revenue predominantly due to costs of wear and tear, depletion and depreciation. What else affected the corporations was a considerable increase in the carrying amount of non-working assets. The public segment of O&G industry was discovered to observe gradually lowering income tax burden per unit of net revenue from core operations.

The Public Sphere

2012 ◽  
Author(s):  
Thomas E. Kaiser
Keyword(s):  
Seventeenth Century ◽  
Public Sphere ◽  
Family Values ◽  
Public And Private ◽  
The Public ◽  
Public Corporations ◽  
Social Nature ◽  
The Social ◽  
State And Society ◽  
The Public Sphere

According to Habermas, there were two incarnations of the “public,” or as the English translation renders it “public sphere,” under the Ancien Régime. The first arose during the sixteenth and seventeenth centuries, when the royal state gradually absorbed powers and rights previously exercised by semi-public corporations, localities, and individuals. This institutional reshuffling, in Habermas's view, entailed a fresh division between the “public” and “private” realms. “Public,” according to Habermas, came to mean state-related and denoted the sphere occupied by a “bureaucratic apparatus with regulated spheres of jurisdiction” that exerted “a monopoly over the legitimate use of coercion.” “Private,” by contrast, denoted the sphere occupied by those who held no office and were for that reason “excluded from any share in public authority.” Beginning in the late seventeenth century, Habermas argued, a second “public sphere” took shape “within the tension-charged field between state and society” According to Habermas, the social nature of this new “bourgeois public sphere” allowed for the public articulation of previously private bourgeois family values in public settings.

scholarly journals Improving methods for evaluating the results of digitizing public corporations

2021 ◽  
Vol 6 (13 (114)) ◽  
pp. 17-28
Author(s):  
Igor Dunayev ◽  
Aleksander Kud ◽  
Mykola Latynin ◽  
Alisa Kosenko ◽  
Victor Kosenko ◽  
...  
Keyword(s):  
Business Processes ◽  
Resource Constraints ◽  
Digital Technologies ◽  
Digital Transformation ◽  
System Model ◽  
Corporate Sector ◽  
Information Transparency ◽  
The Public ◽  
Public Corporations ◽  
High Level

The list, nature, and directions in changing the business processes of public corporations due to digital transformation have been determined. The main digital technologies that are used by public corporations operating in the basic sectors of the national economy were grouped. It has been proven that one of the most important criteria for digital transformation is the level of information transparency. A morphological matrix of digital transformation of public corporations has been built and the positions of the latter in the process under study have been determined. Based on the results of the matrix assessment, it was concluded that the most attention is attracted by the digitalization processes in corporations-outsiders. This is because this position is characterized by a high level of digital maturity but a low level of transparency. To ensure a high level of transparency, it seems appropriate for these companies to introduce new digital technologies. This paper analyzes those endogenous and exogenous factors that promote or block the process of introducing digital technologies in public corporations. It was found that at the level of public corporations, there are significant resource constraints, which are manifested in the lack of funds for the introduction of digital technologies. Another significant obstacle is the psychological barriers associated with the unwillingness to use digital technologies in the work process. The generalization of the efficiency indicators of business processes and criteria for factor conditions of digital transformation has made it possible to identify the main components of the system model of digitalization of public corporations. Considering the above, an authentic system model of digitalization of the public corporate sector is proposed. It seems appropriate to use the model to determine the effect of the introduction of digital technologies in the public corporate sector.

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