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Author Allen, Richard, 1944 December 13- author, (IMF staff)

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

Publication Info. [Washington, D.C.] : Fiscal Affairs Department, International Monetary Fund, [2016]
©2016

Item Status

Description 1 online resource (20 pages) : illustrations.
text file
Series How to notes / International Monetary Fund ; 5
How to notes (International Monetary Fund) ; 3.
Note "November 2016."
Bibliography Includes bibliographical references (pages 16-17).
Summary 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.
Local Note eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Subject Corporate governance -- Quality control.
Corporate governance.
Quality control.
Corporations -- Evaluation.
Corporations -- Evaluation.
Corporations.
Corporations -- Valuation.
Corporations -- Valuation.
Genre/Form Electronic books.
Added Author Alves, Miguel, author, (IMF staff)
International Monetary Fund. Fiscal Affairs Department, publisher.
International Monetary Fund, issuing body.
Added Title Fiscal policy, how to improve the financial oversight of public corporations
Other Form: Print Version: Allen, Richard I. How to Improve the Financial Oversight of Public Corporations. Washington, D.C. : International Monetary Fund,2016 9781475551983
ISBN 9781475551983
1475551983
1475556705 (electronic book)
9781475556704 (electronic book)
Standard No. 10.5089/9781475551983.061