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Ownership and Governance of Enterprises: Recent Innovative Developments

Posted By: ChrisRedfield
Ownership and Governance of Enterprises: Recent Innovative Developments

Laixiang Sun - Ownership and Governance of Enterprises: Recent Innovative Developments
Published: 2004-07-17 | ISBN: 1403916330 | PDF | 272 pages | 3 MB


Conventional wisdom recommends the superiority of private ownership of enterprises. The reality confronts it with a rich diversity in ownership and governance structures. This book examines five types of unorthodox ownership and governance forms emerging in the industrial sector across major economies. It analyses two cases to demonstrate that there are alternative ways to harden budget constraints of state-owned enterprises. It investigates the driving forces behind these evolving dynamics and explores policy implications for developing and transition economies.