Governance of public corporations : Profits and the public benefit
نویسنده
چکیده
Until recently, changes in the governance of publicly-owned enterprises could be seen as a move along a spectrum which led inevitably to privatisation. The general rejection of privatisation as a policy, and increasing demands for systems of corporate governance that take account of social interests broader than those encompassed in the maximisation of shareholder value subject to legal and regulatory constraints, have created new challenges for governments and for managers of publicly-owned enterprises.
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