Business, Management and Accounting
4 years ago

Public sector corporations unlikely to benefit from private sector governance models.

Company and securities law journal
The governance of government-owned corporations
Ross B. Grantham

Paper Summary

Government-owned corporations have been trying to operate more like private companies for efficiency and accountability. However, the study found that the governance structures used by private companies may not be suitable for government-owned corporations. This is because public ownership and the need for public accountability make it challenging to apply private sector strategies to public sector entities.

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