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This report evaluates the corporate governance practices of Colombian SOEs against the OECD Guidelines on Corporate Governance of State-Owned Enterprises (SOEs). The assessment was prepared based on information provided by the Colombian authorities, an analysis of the available literature and...
Persistent link: https://www.econbiz.de/10010233692
“Offensive shareholder activism” involves buying up sizeable stakes in underperforming companies and agitating for changes predicted to increase shareholder returns. Though hedge funds are currently highly publicized practitioners of this corporate governance tactic, there has been no...
Persistent link: https://www.econbiz.de/10013130237
environments: France, the United States, Norway, Colombia, Brazil, Japan, Singapore, and China. We leverage the lessons from this …
Persistent link: https://www.econbiz.de/10012960000
This short paper discusses the recently promoted mixed-ownership reform (MOR) in light of the increasingly strengthened "Party-building" work in SOEs. It first briefly introduces the state of SOEs in China as well as the legal and political structures of corporate governance in SOEs. It then...
Persistent link: https://www.econbiz.de/10012911264
Since the last Polish parliamentary elections in 2015, some deep changes have been announced in the legal framework of state-owned companies. The changes are supposed to be mainly targeted at setting different rules of remuneration policy of the boards' members compared to private-owned...
Persistent link: https://www.econbiz.de/10012944746
The case of SOS Support Public Broadcasting Coalition v South African Broadcasting Corporation SOC Limited (81056/14) [2017] ZAGPJHC 289 deals with the removal of directors of state-owned companies and to the constitutionality and lawfulness of the powers excised by the Minister of...
Persistent link: https://www.econbiz.de/10012824946
Prior literature on corporate governance in China asserts that state-owned enterprises (SOEs) are inefficiently run and badly governed—they are either worse than privately owned enterprises (POEs) or as bad. There is, however, no solid empirical evidence that underpins either claim. Using a...
Persistent link: https://www.econbiz.de/10012853001
This report evaluates the corporate governance practices of Colombian State-Owned Enterprises (SOEs) against the OECD Guidelines on Corporate Governance of State-Owned Enterprises. The assessment was prepared based on information provided by the Colombian authorities, an analysis of the...
Persistent link: https://www.econbiz.de/10013059038
This paper adopts a political approach to analyze the relationship between the state and state-owned business in China, focusing on the corporate control and governance of state-owned enterprises (SOEs). It aims to explain the political logic behind the Party -- state's achievements in...
Persistent link: https://www.econbiz.de/10013027027
Literatures of corporate governance claim that expropriation by controlling owner towards the listed firm emerges when separation of cash flow and control rights exist, and that the separation emerges when dual class shares or pyramiding corporate structures exist. In China, dual class share and...
Persistent link: https://www.econbiz.de/10013027435