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How to improve the financial oversight of public corporations / this note was prepared by Richard Allen and Miguel Alves.

By: Contributor(s): Material type: TextTextSeries: How to notes (International Monetary Fund) ; 3.Publisher: [Washington, D.C.] : Fiscal Affairs Department, International Monetary Fund, [2016]Copyright date: ©2016Description: 1 online resource (20 pages) : illustrationsContent type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9781475551983
  • 1475551983
  • 1475556705
  • 9781475556704
Other title:
  • Fiscal policy, how to improve the financial oversight of public corporations
Subject(s): Genre/Form: Additional physical formats: Print Version:: How to Improve the Financial Oversight of Public Corporations.DDC classification:
  • 338.6 23
LOC classification:
  • HD2741 .A48 2016eb
Online resources: Abstract: Many studies have highlighted how failures of public corporations (otherwise known as state-owned enterprises) can result in huge economic and fiscal costs. To contain the risks associated with these costs, an effective regime for the financial supervision and oversight of public corporations should be put in place. This note discusses the legal, institutional, and procedural arrangements that governments need to oversee the financial operations of their public corporations, ensure accountability for their performance, and manage the fiscal risks they present. In particular, it recommends that governments should focus their surveillance on public corporations that are large in relation to the economy, create fiscal risks, are not profitable, are unstable financially, or are heavily dependent on government subsidies or guarantees.
Holdings
Item type Current library Collection Call number Status Date due Barcode Item holds
eBook eBook e-Library EBSCO Business Available
Total holds: 0

"November 2016."

Includes bibliographical references (pages 16-17).

Many studies have highlighted how failures of public corporations (otherwise known as state-owned enterprises) can result in huge economic and fiscal costs. To contain the risks associated with these costs, an effective regime for the financial supervision and oversight of public corporations should be put in place. This note discusses the legal, institutional, and procedural arrangements that governments need to oversee the financial operations of their public corporations, ensure accountability for their performance, and manage the fiscal risks they present. In particular, it recommends that governments should focus their surveillance on public corporations that are large in relation to the economy, create fiscal risks, are not profitable, are unstable financially, or are heavily dependent on government subsidies or guarantees.

Online resource; title from PDF title page (IMF Web site, viewed November 28, 2016).

WorldCat record variable field(s) change: 650

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