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How to improve the financial oversight of public corporations /
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...
| Clasificación: | Libro Electrónico |
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| Autores principales: | , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
Fiscal Affairs Department, International Monetary Fund,
[2016]
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| Colección: | How to notes (International Monetary Fund) ;
3. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | 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. |
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| Notas: | "November 2016." |
| Descripción Física: | 1 online resource (20 pages) : illustrations. |
| Bibliografía: | Includes bibliographical references (pages 16-17). |
| ISBN: | 9781475551983 1475551983 1475556705 9781475556704 |