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Ownership and Governance of Enterprises Recent Innovative Developments

SKU: 9781403943903

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Additional information

Full Title

Ownership and Governance of Enterprises Recent Innovative Developments

Author(s)

Laixiang Sun

Edition
ISBN

9781403943903, 9781403916334

Publisher

Palgrave Macmillan

Format

PDF and EPUB

Description

Conventional wisdom recommends the superiority of private ownership of enterprises. The reality confronts it with a rich diversity in ownership and governance structures. This volume examines five types of unorthodox ownership and governance form emerging in the industrial sector across major economies. It analyzes 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.