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Corporatization
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Corporatization is the process of transforming and restructuring state assets, government agencies, public organizations, or municipal organizations into corporations.[1][2][3][4] It involves the adoption and application of business management practices and the separation of ownership from management through the creation of a joint-stock or shareholding structure for the organization.[2] The result of corporatization is the creation of state-owned corporations (or corporations at other government levels, such as municipally owned corporations) where the government retains a majority ownership of the corporation's stock.[1][5] Corporatization is undertaken to improve efficiency of an organization, to commercialize its operations, to introduce corporate and business management techniques to public functions, or as a precursor to partial or full privatization.
- ^ a b Cite error: The named reference
GrossiReichardwas invoked but never defined (see the help page). - ^ a b Investopedia. "Corporatization". Retrieved 2 February 2013.
- ^ Voorn, Bart; Sandra Van Thiel; Marieke van Genugten (2018). "Debate: Corporatization as more than a recent crisis-driven development". Public Money & Management. 38 (7): 481–482. doi:10.1080/09540962.2018.1527533. hdl:2066/197924. S2CID 158097385.
- ^ Cite error: The named reference
Ferryetalwas invoked but never defined (see the help page). - ^ Marra, Alessandro (2007). "Internal regulation by mixed enterprises: the case of the Italian water sector". Annals of Public and Cooperative Economics.
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