Improving Corporate Governance in Soes: An Integrated Approach

Corporate Governance International, Vol. 7, No. 2, June 2004

11 Pages Posted: 17 Apr 2006

Abstract

Poor corporate governance lies at the heart of the poor performance of state-owned enterprises (SOEs) throughout the world. In many countries, previous SOE reform efforts failed to deliver sustained improvements in performance because they did not fully address the core governance deficiencies of public enterprises - multiple and conflicting objectives, excessive political interference, and opacity. This article, drawing upon the author's research and work with SOEs in a number of jurisdictions, explores how an integrated approach encompassing clear directions, political insulation, and transparency can improve the corporate governance of SOEs and clear the path to a higher level of performance.

Keywords: corporate governance, state-owned enterprises, SOEs

JEL Classification: G34, G38

Suggested Citation

Wong, Simon C. Y., Improving Corporate Governance in Soes: An Integrated Approach. Corporate Governance International, Vol. 7, No. 2, June 2004. Available at SSRN: https://ssrn.com/abstract=897121

Simon C. Y. Wong (Contact Author)

Northwestern University School of Law ( email )

375 E. Chicago Ave
Chicago, IL 60611
United States

London School of Economics

Houghton Street
London, WC2A 2AE
United Kingdom

HOME PAGE: http://www.lse.ac.uk/collections/law/staff/simon-wong.htm

Tapestry Networks ( email )

404 Wyman St.
Suite 225
Waltham, MA 02451
United States

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