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Finding Balance 2016

Name: Finding Balance 2016
Brand: Asian Development Bank
Price: 8.99 AUD
Availability: OnlineOnly

Benchmarking the Performance of State-Owned Enterprise in Island Countries

By: Asian Development Bank

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eBook | 5 December 2016

At a Glance

ePUB
82 Pages

Age
18 - 99

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Pacific state-owned enterprises (SOEs) are often formed to increase service delivery effectiveness and accountability. However, historical and financial indicators show that long-term government ownership of SOEs often result in outcomes counter to these goals. Weak governance and regulatory frameworks make it difficult for SOEs to operate on strict commercial principles over the long term. This fifth study of SOE performance in the Pacific emphasizes political commitment to reform as a key driver for commercial results, as demonstrated by the experience of each of the countries benchmarked. This report was produced by the Pacific Private Sector Development Initiative, a regional technical assistance facility cofinanced by ADB, the Government of Australia, and the Government of New Zealand.