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Corporate Governance of State-Owned Enterprises : A Toolkit

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  • World Bank Group

Abstract

This Toolkit provides an overall framework with practical tools and information to help policymakers design and implement corporate governance reforms for state-owned enterprises. It covers the key elements of corporate governance, including legal and regulatory framework, state ownership arrangements, performance management systems, financial and fiscal discipline, boards of directors, transparency and disclosure, and protection of shareholders in mixed ownership companies. Experience shows that no one approach is universally applicable and the choice of measures depends on country and enterprise circumstances. The Toolkit thus provides a range of frameworks, concepts, case examples, checklists, and model documents that together aim to help government officials make the appropriate choices for their circumstances. The Toolkit concludes with guidance on managing the reform process, in particular how to prioritize and sequence reforms, build capacity, and engage with stakeholders.

Suggested Citation

  • World Bank Group, 2014. "Corporate Governance of State-Owned Enterprises : A Toolkit," World Bank Publications - Books, The World Bank Group, number 20390, December.
    • Handle: RePEc:wbk:wbpubs:20390
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    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/20390/9781464802225.pdf?sequence=1
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    Cited by:

    1. Maisuradze Davit & Narmania Giorgi & Lazishvili Magda & Tkeshelashvili Mariam & Shakiashvili Irakli, 2020. "Is Corporate Social Responsibility (CSR) a New Alternative to Governance Challenges of State-Owned Enterprises (SOEs)?," Central European Journal of Public Policy, Sciendo, vol. 14(2), pages 28-46, December.

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