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Journal articles on the topic 'Public and Private Enterprises'
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1
Riazanova, Nataliia O. "FINANCIAL SUPPORT OF INDUSTRIAL ENTERPRISES ON THE BASIS OF PUBLIC-PRIVATE PARTNERSHIP." Vital cycle of the organizational culture of the trading enterprises 1, no. 14 (2021): 81–91. http://dx.doi.org/10.32342/2616-3853-2021-1-14-8.
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One of the main tasks of financial and economic policy of industrial enterprises is to create conditions for their sustainable development through the use of modern management tools that will promote the balance between resources and potential of enterprises. In particular, such a tool is management methods based on forms of interaction between the state and business in the framework of public-private partnership. The problem of managing sustainable development of industrial enterprises on the basis of public-private partnership, their financial support is covered in the works of such researchers and specialists as I. Ansoff, K. Bowman, P. Drucker, D. Cleland, G. Mintzberg, J. Strickland, A. Thompson, F. Berger, V. Varnavsky, M. Gerard, T. Crystal, A. Reid, T. Voronkova, E. Savas, L. Sharinger and other domestic and foreign authors. Recently, disparities in the gradual dynamics of the formation of financial resources within the state are obvious: revenue sources are centralized only at the state budget level, revenue liabilities are decentralized to the regional and local levels. The greatest impact on the financial autonomy of an industrial enterprise has the amount of own budget revenues, in particular its share in total consolidated revenues. Inter-budgetary transfers from the budget are one of the sources of income of industrial enterprises and to some extent determine the solvency of industrial enterprises. The main purpose of the system of intergovernmental relations, as well as the entire system of public finance, is to provide conditions for improving the quality of life. PPP is seen not only as a tool for financing and implementing individual projects, but as a form of interaction between the state and the private sector, which is built into the management system based on co-financing, risk and revenue sharing, pooling of professional knowledge that serves to achieve certain positive social , economic and political results and is a key element of the industrial enterprise’s strategy to ensure sustainable industrial and resource-sustainable development. The main purpose of public-private partnership in an industrial enterprise within the framework of sustainable development is to achieve public socio-economic interests through the implementation of infrastructure projects of an industrial enterprise. The basis of PPP’s institutional infrastructure in Ukraine can be industrial infrastructure, which operates not on the basis of state administrative structures, but independently. Problems such as improving the legal framework of the partnership, creating a single coordinating and regulatory body, expanding the base of PPP participants (more active involvement of small and medium-sized businesses), and developing a strategy for the development of this structure need to be addressed. The tools of inter-budgetary regulation are considered - inter-budgetary transfers that determine the solvency of an industrial enterprise. The internal risks of industrial enterprises are substantiated. The advantages and disadvantages of current methods of industrial management are noted. The forms of PPP used in Ukraine and abroad are described, the most effective of them are indicated. Deterrent factors of PPP development are determined. The model of PPP at the level of the industrial enterprise is offered. The principles of optimal functioning and development of PPP are determined.
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Petkovšek, Veronika, and Primož Pevcin. "The Effects of Public - Private Partnership Act on the Slovenian Public Utilities Providers." Central European Public Administration Review 15, no. 3-4 (2018): 191–202. http://dx.doi.org/10.17573/ipar.2017.3-4.09.
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The paper presents the legal status of existing public enterprises in Slovenia before and after the adoption of Public-Private Partnership Act, that demanded the reorganization of existing public enterprises in the period 2007-2009. The paper also presents the analysis of local public utilities delivery mechanisms in Slovenia, focusing on the local public utilities providers in the field of water and waste management. The aim of the paper is to introduce the changes in the legal status of existing public enterprises, caused by new legislation and also to give an insight into the current state of local public utilities providers in the field of water and waste management. The results confirm the fact that public enterprise is the most common organizational form of local public utilities providers in the field of water and waste management and lead to conclusion that in the reorganization process the majority of existing public enterprises retained the status of a public enterprise.
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Abdullahi, Muhammad, and Rilwan Nakazalle Usman. "Management of Public Enterprises through Public Private Partnership in Nigeria." International Letters of Social and Humanistic Sciences 19 (December 2013): 76–81. http://dx.doi.org/10.18052/www.scipress.com/ilshs.19.76.
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Collaboration with corporations, small businesses, non-governmental organizations and civil society organizations to provide socially beneficial goods and services. Public enterprises and the private sector cooperate in providing services and infrastructure through a variety of mechanisms. The level of performance and development of public enterprise in the country are very low due to corruption, management inefficiencies, overstaffing and inflation. This paper therefore in tend to highlight the different mechanisms of public private partnership (PPPs) in the management of public enterprise including concessions, build-operate- and- transfer (BOTs) arrangement, joint ventures and informal and voluntary cooperation as applied in some Latin American and Asian countries. The paper recommends that the government should clearly identify goals and objectives of public private partnerships and embody them in an official set of laws, develop strategy for management plan for public private partnerships and create employment protection measures for current government employees in organization that will go in to public private partnerships.
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Krupka, Mykhailo, and Maria Ruschyshyn. "FINANCIAL MECHANISM OF PUBLIC-PRIVATE PARTNERSHIP IN ENSURING THE INNOVATIVE DEVELOPMENT OF UKRAINIAN ENTERPRISES." Scientific Notes of Ostroh Academy National University, "Economics" Series 1, no. 26(54) (2022): 85–94. http://dx.doi.org/10.25264/2311-5149-2022-26(54)-85-94.
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The article considers the financial mechanism of public-private partnership in ensuring the innovative development of enterprises. The interpretation of the concepts of public-private partnership by different authors is given, the advantages and economic, financial and social benefits and responsibilities of participants are given. The general and specific features of public-private partnership are outlined, the spheres of its application in innovative support of enterprise development are analyzed, and the main risks arising in the process of public-private partnership projects are clarified. The list of favorable conditions that determine the success of the public-private partnership projects' development and implementation is identified. The innovative aspects of public-private partnership are highlighted and the financial mechanism of this partnership in ensuring the innovative development of domestic enterprises is characterized. It is established that public-private partnership in the field of innovation and investment is considered as a new technology for the development of enterprises and the state economy. The purpose of the study is to determine the nature and components of the financial mechanism of public-private partnership in ensuring the innovative development of enterprises. The object of research is the main public-private partnership financial mechanism tools for enterprises' innovative development in Ukraine. To achieve this goal, various methods of scientific research are used: systematic, empirical research and analysis and synthesis. The results of the study made it possible to determine the essence of the concepts of "public-private partnership", "financial mechanism of public-private partnership". The main instruments of the financial mechanism of public-private partnership in ensuring the innovative development of Ukrainian enterprises are highlighted.
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Ruys, Pieter H. M. "Industries with private and public enterprises." European Economic Review 32, no. 2-3 (1988): 415–21. http://dx.doi.org/10.1016/0014-2921(88)90186-9.
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Hnylytska, Larysa, and Serhii Khmelnytskyi. "Performance audit in the public and non-public sector." Fìnansi Ukraïni 2025, no. 3 (2025): 111–23. https://doi.org/10.33763/finukr2025.03.111.
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Introduction. In modern conditions, performance audit is becoming an important tool for assessing the activities of both public and private enterprises. Its primary goal is to analyze the use of resources, economy, efficiency, and effectiveness of processes. Problem Statement. The lack of clear methodological approaches and legislative regulations for conducting performance audit in the private sector, as well as their limitations in the public sector, creates obstacles to the effective implementation of such audit Purpose. To justify the necessity of conducting performance audits in non-governmental sector enterprises and to develop proposals for an updated methodological framework for this type of audit, considering the growing demand of stakeholders for evaluating efficiency in both private and public economic sectors. Methods. The study used the method of induction and deduction, comparative analysis methods, a generalization of regulatory documents as well as a synthesis and analysis of international standards. Results. The justification for expanding the concept of performance audit is provided by incorporating non-financial assessment criteria into the traditional “3E” framework (economy, efficiency, effectiveness). It is recommended that the formation of evaluation indicators be carried out depending on the role of such an audit: as part of a financial statement audit, an integrated reporting audit, and an independent audit. Conclusions. The methodological framework for performance audit requires modernization. The reliance on international performance audit standards does not allow for a comprehensive assessment of efficiency, not only for private sector enterprises but also for state-owned enterprises. The article formulates methodological recommendations for evaluating enterprise efficiency depending on the specifics of the audit. Further research should focus on developing unified performance audit standards for the private sector and improving such standards for the public sector.
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Huang, Dujuan, Hongbo Duan, and Gupeng Zhang. "Analysis on the Enterprises’ Innovation Quality Based on the Patent Value: A Comparison between Public and Private Enterprises in China." Sustainability 12, no. 8 (2020): 3107. http://dx.doi.org/10.3390/su12083107.
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To investigate Chinese enterprises’ innovation quality and examine how it is determined by the enterprise ownership, this paper uses about 73.8 thousand invention patents applied by Chinese enterprises during 1985–2011 in estimating patent return based on the renewal period. We take patent return to be the measurement of innovation quality, and make a comparison between public and private enterprises. We find that the innovation quality of public enterprises is improved after restructuring, but is still lower than that of private enterprises. We may find the causes of the innovation quality differences from the allocation efficiency of R&D resources. Monopolized enterprises own higher innovation quality by monopolizing industry resources, which leads to a low R&D resources allocation efficiency. In comparison, the R&D resources allocation efficiency of public enterprises in the competitive industry is higher than that in monopolized enterprises. R&D resources allocation efficiency is generally inversely proportional to the public owned level, and proportional to the market competition level. This study generates an important policy implication, that is, the social R&D resources allocation efficiency of China would be improved by disposing part of R&D resources monopolized by public research institutes and public enterprises to private enterprises.
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Grahovac, Borislav. "Restructuring and privatization of public enterprises in Canada: Legal and financial aspects." Medjunarodni problemi 59, no. 1 (2007): 134–54. http://dx.doi.org/10.2298/medjp0701134g.
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The theme of the paper is restructuring and privatization of public enterprises in Canada, where the enterprise operates as a business offering public goods or services. Legal and financial aspects of public enterprises distinguish those enterprises from other businesses and government activities. The author analyzes and compares various experiences with different forms of public enterprises. The study explains goals, essence, definition and differences between similar enterprises and other government activities and private enterprises. The paper provides a stimulating debate about the ways to reform public enterprises in different countries.
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Kocbek, Marijan. "Retaining Public Enterprise Status Through Own Shares." Lex localis - Journal of Local Self-Government 9, no. 1 (2011): 85–101. http://dx.doi.org/10.4335/9.1.85-101(2011).
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The paper deals with the transitory provisions of the Public-Private Partnership Act that strongly interferes with the legal status of the public enterprises in Slovenia. According to this Act, there are merely two options for public enterprises in which there are private equity stakes. A public enterprise can be transformed into a company in accordance with the Companies Act, or the public enterprise status can be retained, provided that the private equity stakes are in a way nullified in the public enterprise, and that only the equity stakes owned by the Republic of Slovenia or local communities remain. The Act expressly refers to an option of terminating the private equity stakes through an own shares fund. By analysing the Companies Act, the author states that in practice, the procedure for acquiring own shares is most relevant due to their withdrawal. Thus, the share capital is reduced. In this case, the companies have two options. In the first option, the companies may withdraw their shares by following a simplified procedure. When doing so, they must have reserved profits at their disposal to use them for this purpose instead of dividing them among shareholders. In the second option, the companies may also withdraw their shares chargeable to quality funds, i.e., fixed-term categories of capital. However, in so doing, they must carry out all the necessary procedures for protecting creditors, which delays the whole transaction.
 
 Keywords: • public-private partnership • public enterprise • own shares • Slovenia
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Ma, Xinxin, and Dongyang Zhang. "The Incidence of Social Security Payroll Taxes: Evidence From China." International Journal of Financial Research 9, no. 4 (2018): 1. http://dx.doi.org/10.5430/ijfr.v9n4p1.
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The Chinese government enforced public security system reform in the economic transition period. Now, the enterprise’ social insurance premium, a kind of payroll tax, is nearly 40% of the total wage in China. It is thought enterprises may transfer the burden of payroll taxes to workers by reducing their wages. Does the level of an enterprise’s social security payroll taxes influence their workers’ wages? Using the Chinese Large and Medium-size Manufacturing Enterprises (CLMME) dataset to construct an enterprise panel data from 2004 to 2007, we employ an empirical study to provide evidence on the issue. We utilize the fixed effects model, random effects model and Generalized Method of Moments (GMM) method to address the heterogeneity problem, initial dependent problem and endogenous problem. It is found that in general, increased social security payroll taxes negatively affect the workers’ wages, which indicates that many enterprises may transfer the payroll taxes burden onto their workers. Increased social security payroll taxes may decrease the wage levels for workers in both the public sector and the private sector, but the negative effect is greater for workers in the private sector than in the public sector.
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Bin, Guo, and Ge Liang. "Research on the participation path of private enterprises in PPP projects." Journal of Intelligent & Fuzzy Systems 40, no. 4 (2021): 8127–37. http://dx.doi.org/10.3233/jifs-189636.
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Public-Private Partnership (PPP) model is an important measure for transferring government functions and promoting socialist market economy in China. After four years of high-speed development and standardized development in recent years, PPP model has achieved good effect in our country. However, multiple problems emerged. In China, the “public” party of the model has always been dominated by state-owned enterprises. Although private enterprises have the willingness to participate, the actual participation degree and volume are not high which is not good for the sustainable development of the PPP model. This paper applied grounded theory to carry out in-depth interviews with the representatives from government, private enterprise, and SPV company in some key PPP projects with private participation, propose four coral categories to construct the whole process of private enterprises’ participation and summarize the behavioral features, and explore private enterprises’ realization of their participation willingness into actual participation behavior and the generation of their continuous participation willingness so as to clear the private enterprises’ participation path in PPP projects.
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KOGDENKO, Vera G. "Analysis of public, private and foreign-owned enterprises: Assessment of efficiency and sustainability." Economic Analysis: Theory and Practice 23, no. 4 (2024): 625–50. http://dx.doi.org/10.24891/ea.23.4.625.
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Subject. The article addresses the efficiency and sustainability of public, private, and foreign-owned enterprises. Objectives. The aim is to develop and test a methodology for analyzing the said enterprises. Methods. The study rests on general scientific principles and research methods, like abstraction, generalization of approaches to the analysis of enterprises of different forms of business ownership. Results. I developed a methodology, which includes three stages. First, estimating the share of enterprises of different forms of ownership in total assets, revenue, and profit, and analyzing the sectoral and regional sample structure and enterprise size. Second, assessing the short-term and long-term efficiency, with analysis of profitability indicators, long-term dynamics, and investment activity. Finally, analyzing the adaptability of enterprises of different forms of ownership to changed conditions, and evaluating the indicators of financial stability, riskness, and dynamics for 2022. Conclusions. I tested the methodology on data from large Russian consolidated businesses (a total of 593 enterprises for 2018–2022). The calculations and analysis showed that private business prevails in assets, revenue, and net profit. For State-owned enterprises, the most significant industry is oil and gas production, for foreign-owned ones – production and distribution of electricity, gas and water, for private enterprises – retail trade. Higher profitability is typical for foreign and private enterprises. The analysis of adaptability to current conditions showed that revenue growth rate in 2022 did not decrease vs. the annual average for all groups of enterprises, however, profit and profitability indicators deteriorated. In general, large consolidated public, private, and foreign-owned business demonstrated a relatively high degree of stability in 2022 with a decrease in profit and profitability, and now it continues investment activity.
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Chang, Yue-Shan, Yi-Kang Lee, Tong-Ying Juang, and Jing-Shyang Yen. "Cost Evaluation on Building and Operating Cloud Platform." International Journal of Grid and High Performance Computing 5, no. 2 (2013): 43–53. http://dx.doi.org/10.4018/jghpc.2013040103.
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Cost issue always is one of most important issue for enterprise in building their IT platform. With the advance of various cloud environments, enterprise’s IT executive may have different consideration in constructing their IT platform. For example, constructing an own cloud environment or renting a computing platform from cloud providers. This paper the authors, based on the Net Present Value in Finance field, propose a cost model for evaluating the tradeoff between building a self-own computing platform and renting one from public provider. The cost evaluation formulas are derived based on some cost factor, such as human salary, platform purchasing cost, energy consuming, maintenance fee, and cooling cost, for evaluating required cost on building and operating of both public and private clouds. Based on the cost model, the authors applied a well-known public cloud instance, e.g. Chunghwa Telecom’s HiCloud platform in Taiwan, to compute renting cost, and make a comparison with the derived cost of private cloud for a variety of enterprises’ settings. According to the experiments, different size of enterprises could have different options in building private cloud or renting from public cloud to make optimum cost saving.
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Ogor Tessy Morka and Ifeanyi Harold Aliku. "Management disruptions and business growth of public and private sector enterprise in delta state, nigeria." Journal of Management and Science 12, no. 4 (2022): 144–55. http://dx.doi.org/10.26524/jms.12.75.
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The main objective of the study was to compare management disruptions and business growth in both public and private sector enterprises. It involved four public sectors and four private sector enterprises, which comprised 221 respondents from staff and management of the enterprises as the sample size for the study. A stratified sampling technique was adopted for the study. Validated structured questionnaires were used for data collection. The statistical techniques adopted for processing the data and testing the hypotheses for this study were comparing mean using independent samples t-test via the use of statistical package for social science (SPSS) software version 21. Descriptive statistics and frequency analysis was used to explain the tables of the various variables. The mean response was tested using a student t-test. The findings of the study revealed that personal values which is the first variable revealed that there is no significant difference in ethical leadership and business growth between the Public and Private enterprises (Sig = .728, P>0.05). Similarly, Social values which is the second variable showed that there is no significant difference in management disruptions and business growth between the Public and Privateenterprises (Sig =.238, P>0.05). Moral values which is the third variable showed that there is also no significant difference in management disruptions and business growth between the Public and Private enterprises (Sig =.007,P>0.05). The study concluded that the leadership of the public and private enterprise should have the ethical values, interpersonal qualities and capabilities to carry out the different tasks as needed by the organizations. Hence, the study recommended that the efforts in promoting management disruptions practices in public and private enterprises must start and be perceptible at the top of the organization.
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Gupta, Aman, and Sushil Kumar. "Comparing the performance of public and private enterprises: case for a reappraisal – evidence from India." International Journal of Public Sector Management 34, no. 1 (2020): 87–100. http://dx.doi.org/10.1108/ijpsm-04-2020-0117.
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PurposeState-owned enterprises (SOEs) are essential tools to further policy objectives across the world. However, in the past few decades, heated debates on the performance of SOEs vis-à-vis private sector enterprises have surfaced. In India, SOEs have long played an important role in the economy and only recently have undergone the trend of privatization. The purpose of this paper is to analyze existing research and to conclude whether private enterprises perform better than SOEs.Design/methodology/approachA review of available literature on performance comparisons of public and private sector enterprises is carried out, and differences between public and private enterprises are studied. Finally, theoretical propositions on the differences in objectives of public and private enterprises in the Indian context are enumerated. Three propositions are tested using data on Indian SOEs available in the public domain.FindingsPerformance comparisons of public and private enterprises have focused merely on technical productivity or financial aspects and have thus left out the wide scope of social, economic and political objectives of SOEs. Literature on the nature of SOEs indicates that there are certain fundamental differences in the objectives of public and private sector enterprises. Further, the basic theoretical assumptions tested have been found to be, prima facie, valid in the Indian context. The paper thus establishes a case for further research to develop a comprehensive technique for the comparison of public and private sector enterprises in the Indian context.Originality/valueExtant research on the subject of comparing public and private entries has limited itself to technoeconomic considerations and has not taken into account the different objectives/nature of these enterprises. The study established a case for diverging from the present discourse privatization and private sector supremacy. The same could have far-reaching consequences for policymakers, especially in developing countries.
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Rickenbach, Mark, and Christine Overdevest. "More than Markets: Assessing Forest Stewardship Council (FSC) Certification as a Policy Tool." Journal of Forestry 104, no. 3 (2006): 143–47. http://dx.doi.org/10.1093/jof/104.3.143.
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Abstract In this study, we compared US Forest Stewardship Council forest management certified enterprises as to their perceptions of certification’s effectiveness across three policy mechanisms: (1) market based, (2) signaling, and (3) learning. Signaling to stakeholders provided the highest satisfaction; however, there were differences across enterprise type. Small private enterprises reported lower satisfaction than public and large private enterprises for all mechanisms. Our findings also indicate that certification, for those already certified, likely will be an expectation into the future.
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Reilly, William K. "Private Enterprises and Public Obligations: Achieving Sustainable Development." California Management Review 41, no. 4 (1999): 17–26. http://dx.doi.org/10.2307/41166007.
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Sun, Yanfang, Liyang Wang, and Tao Zhang. "The Conditional Configuration Path for Private Enterprises Participating in PPP: A Fuzzy-Set Qualitative Comparative Analysis." Buildings 12, no. 4 (2022): 440. http://dx.doi.org/10.3390/buildings12040440.
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Public–private partnership (PPP) projects have been widely applied in infrastructure construction. Leveraging private capital is the key to promoting the high-quality development of PPP projects. This study examines the combined effect of seven factors determining private enterprises that participate in PPP and collects materials from 102 PPP sewage treatment projects to examine the causal configuration path of private enterprises participating in PPP (PEP3P) from an overall perspective by using necessary condition analysis (NCA) and fuzzy-set qualitative comparative analysis (fsQCA). The findings support the fact that any single antecedent condition is not a necessary condition for PEP3P and is instead the combined effect of different factors that commonly form the diversified causal configuration paths of PEP3P. There is an obvious asymmetry between the configuration paths of the high participation and low participation of private enterprises. The enterprise technology level (ETL) and doing business (DB) are important internal driving forces and give external traction for PEP3P, while the enterprise credit level (ECL) and project investment scale (PIS) are important factors that restrict private enterprises from participating in PPP. This research fills a theoretical gap for PEP3P and can be applied to developing strategies for attracting private enterprises to participate in PPP.
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Kumar, Harish, and S. V. S. Chauhan. "Re-engineering Public Sector Enterprises." Vision: The Journal of Business Perspective 2, no. 2 (1998): 44–50. http://dx.doi.org/10.1177/09722629x98002002009.
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In India, Public Sector was created to accelerate the growth of economy. But public sector enterprises have failed to accomplish this mission. There are several reasons for the ineffective functioning of public sector in the country. Recently Government of India has introduced certain economic reforms which have opened the Indian economy to the multinationals. To ensure survival and excellence, government organisations should follow private sector organisations and meet the challenges of multinational economy effectively.
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Rizwan, Muhammad Faisal, and Safi-Ullah Khan. "Long-run Performance of Public vs. Private Sector Initial Public Offerings in Pakistan." Pakistan Development Review 46, no. 4II (2007): 421–33. http://dx.doi.org/10.30541/v46i4iipp.421-433.
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The private sector had its major share in the economic development of the country in the early years of its independence in the 1950s. However, the private sector suffered a set back in the early 1970s, when a huge process of nationalisation of a large number of private industrial units was undertaken by the then government. Over the decades these enterprises were not professionally managed and the political influences in the management and running of these enterprises played havoc with them and consequently the experiment proved to be a failure. Attending to the weaknesses and inefficiencies inherent in the public sector enterprises, privatisation was systematically initiated by the then government in the early 1990s. Various privatisation commissions were set up in subsequent years and the privatisation process got some momentum during the present government and many large and profitable firms were privatised in the last few years, particularly at a time when the overall climate in the country was responsive and conducive for investment. The government, however, privatised many enterprises through public offerings on individual-case basis.
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Reichert, Patrick, Marek Hudon, Ariane Szafarz, and Robert K. Christensen. "Crowding-in or Crowding-out? How Subsidies Signal the Path to Financial Independence of Social Enterprises." Perspectives on Public Management and Governance 4, no. 3 (2021): 291–308. http://dx.doi.org/10.1093/ppmgov/gvab014.
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Abstract In today’s multisector configurations, there is little clarity about whether and how public and private subsidies influence social enterprises’ pursuit of financial stability. We address the strategic role of donors in the social-business life cycle whereby social enterprise start-ups rely on subsidies, while mature social enterprises strive for independence from donors. To address the “missing middle,” we develop a typology of subsidy instruments and an intermediary signaling model to clarify how subsidies shape the evolution of outcomes for social enterprises. We argue that source variation matters for certain instruments like corporate intangibles and governmentally subsidized credit guarantees, which trigger crowding-in effects and attract commercial partners, while preventing perverse crowding-out effects, such as soft budget constraints. To illustrate this commercialization story, we draw upon a microfinance case study, demonstrating how public and private donors can induce crowding-in and crowding-out effects. In short, our subsidy typology helps unpack the signals that public and private subsidies send to commercial funders of social enterprises and how they shape the path to future financial independence.
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Pan, Kang, and Feng He. "Does Public Environmental Attention Improve Green Investment Efficiency?—Based on the Perspective of Environmental Regulation and Environmental Responsibility." Sustainability 14, no. 19 (2022): 12861. http://dx.doi.org/10.3390/su141912861.
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Will public attention to the environment affect the green behavior of enterprises? This paper collected the panel data of steel enterprises in China from 2009 to 2017, evaluated the green investment efficiency by the measurement of the slack model (SBM) and the “super efficiency” (DEA) model, and studied the impact of public environmental attention on green investment efficiency. Firstly, public environmental attention has significantly promoted enterprise green investment efficiency; Secondly, the business environment has significantly promoted enterprise green investment efficiency, and the influence of public environmental attention on enterprise green investment efficiency is positively regulated by the business environment; Thirdly, the influence mechanism of public environmental attention on the promotion of green investment efficiency comprises environmental regulation and environmental responsibility; Fourthly, public environmental attention has a heterogeneous effect on the promotion of enterprise green investment efficiency. The promotion of public environmental attention on green investment efficiency is more significant for large enterprises than medium-sized enterprises. The effect of the promotion of public environmental attention on green investment efficiency is more significant for state-owned enterprises than private enterprises. The promotion of public environmental attention on green investment efficiency is more significant in eastern China than in central and western China.
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Wypych, Mirosław. "Efficiency of public sector enterprises in conditions of crisis." Przedsiebiorczosc i Zarzadzanie 15, no. 1 (2014): 93–101. http://dx.doi.org/10.2478/eam-2014-0007.
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Abstract The systemic transformation in Poland, aimed, among others, at activating market mechanisms, has resulted in a change in the ownership structure and privatization that has accompanied it. Privatization processes are commonly considered to be principally motivated by an increase in efficiency of the economy based on the assumption that efficiency of private enterprises is higher than that of public sector ones. The main aim of the article is to verify the above hypothesis. An analysis of efficiency of public and private sector enterprises, taking into account their organizational and legal forms, made on the basis of Central Statistical Office information, confirmed the above hypothesis. Private enterprises use their assets better and take advantage of the financial leverage mechanism to a larger extent. It should be emphasized, however, that private enterprises are more adversely affected by economic fluctuations caused by the crisis.
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Wulf, Alexander J. "Participatory legal forms for public enterprises. How a group of affiliated public service organisations can help to overcome legal and institutional obstacles." Journal of Participation and Employee Ownership 3, no. 1 (2020): 51–65. http://dx.doi.org/10.1108/jpeo-05-2019-0011.
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PurposeIn some political and economic situations, it may be desirable to have a company that operates with a legal structure that is midway between the two extreme poles of the private sector (i.e. privatisation) and the public sector (i.e. nationalisation). In such situations none of the existing legal forms for private or public enterprises creates the institutional conditions necessary for a profitable, collectively owned enterprise. A possible solution to this problem is the participatory legal form of a group of affiliated public service organisations.Design/methodology/approachTaking a case study on the crisis-beset Berlin Brandenburg Airport Company (BER) as an example, the author examines how the proposed alternative legal form for collective enterprises could have improved the legal and institutional framework of the airport company.FindingsThe problems that arose with Berlin Brandenburg airport had multiple causes. Had the airport company adopted the legal form of a group of affiliated public service enterprises, it might have been better able to deal with many of its problems because the organisational structure would have been more suitable. The case study demonstrates that the improved governance framework offered by a group of affiliated public service enterprises could have reduced the likelihood of the large scale, spectacular failure of the project that occurred.Originality/valueA company that operates as collectively owned property is midway between the two extreme poles of private property and state property. In political and economic situations where such a solution is sought the question arises as to which legal or corporate form will provide the best conditions for successful management. The current lack of suitable available legal forms may be a factor in preventing the number of companies in collective ownership from increasing. The article points towards this gap and introduces the legal form of a group of affiliated public service enterprises, i.e. a collectively owned state consortium of social community interest enterprises.
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Indrawati, Yuli. "Are BUMN/State-Owned Enterprises (SOES) Hybrid Organizations?" Pandecta Research Law Journal 15, no. 1 (2020): 1–12. http://dx.doi.org/10.15294/pandecta.v15i1.24193.
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The organization is now well developed. The organization does not only consist of public and private organizations, but also mixed organizations (hybrid organizations). And it’s influence to the organizations of State-Owned Enterprises (SOEs) as stated in the legal considerations of Constitutional Court (MK) Decision Nr. 48 and 62 / PUU-XI /2013 that exclaims that SOEs are private legal entities that carry out public duties. Referring to this matter, (a) elements of hybridity in SOEs, (b) benefits and risks in the form of hybrid SOE organizations, (c) the concept of hybridity in increasing the achievements of SOE objectives. By using an analytical approach and legislation results that based on the characteristics of BUMNs are categorized as hybrid organizations. As a hybrid organization has benefits and risks as a result of the influence of the public and private elements. The greatness of the benefits and risks of hybrid organizations is inversely proportional to the size comparison of public and private elements. The hybrid concept at Perum (Public Company) which aims for public benefit is a balanced public element with a private element. Whereas for Persero (State Company) that has commercial aims, the private element must be more dominant to create flexibility that drives the development of the Company. It is recommended that the concept of hybridity in SOEs must be adapted to the form of the company and the objectives of the company.
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Gümüş, Sefer. "Effects of Motivation to The Performance of Manager-Focused Employees in Public and Private Sector Enterprises and a Research." International Journal of Social Sciences 5, no. 23 (2021): 388–404. http://dx.doi.org/10.52096/usbd.5.23.5.21.
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In the enterprises, the fact that the employees are motivated well depends on their managers and the employees’ performance. Employees’ performance is supported through theories but the targets can be achieved by action. In managing the enterprises which continue their existence for attaining certain aims, it is quite important for them to be motivated in achieving success and efficiency. Motivation is a necessity. Its existence makes the enterprise reach its targets. Its absence vanquishes the enterprise from the market. The aim of using motivation factors is to make the employees be successful in all activity areas. In our study, it was elaborated on the motivation and performance differences of public and private sector enterprises, and it was seen that the motivation variables employed by the managers in different sectors display different performances by the managers in different sectors. Because of that this concept which has gained importance today in all areas and sectors involves economic and organizational factors which differ as to the enterprises ad play a role in the development of enterprises, these factors were elaborated in our research. In the name of examining the motivation and its factors, it was conducted a comparative practice based on the public and private sectors, and when the statistical results based on the data is considered, it was concluded that there is a significant difference. Motivation variables in the public sector have differences from the private sector in terms of practice and perception. When an examination is applied by including authority and laws and regulations, the mandatory practices harden the application of motivation factors and even make them impossible. It was concluded from this difference that motivation factors emerge a bit more in the public sector, but it was faced with problems in using them on behalf of the employee in practice. In our research, the survey method was used, and our study was analyzed in Statistics Program SPSS 17.0 medium. It was conducted the evaluation of the tables, and it was brought forward conclusions and recommendations. Keywords: Motivation, Motive, Need, behavior, Public, Private Sector
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Benkovic, Sladjana, Jovan Krivokapić, and Miloš Milosavljević. "Application of the Public-Private Partnership Organizational Structure in the Improvement of Business Operations of Public Sector Enterprises in Serbia." Lex localis - Journal of Local Self-Government 13, no. 3 (2015): 397–417. http://dx.doi.org/10.4335/13.3.397-417(2015).
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Many countries have made an approach to harmonization and design of the organizational and legal framework that encourages private sector participation in the co-ownership of public sector enterprises. This is why the aim of the paper was to draw attention to the potentials that are available to the public sector in Serbia in the improvement of business operations, taking into account the current Law on public-private partnerships and concessions which has been present in practice for less than two years. The paper’s contribution is reflected in the presented model of the organizational, financial and developmental benefits of a public enterprise, through the application of the public-private partnership concept while bearing in mind the circumstances that are specific to the Serbian market.
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Kunte, Monica, Netra Neelam, and Sonali Bhattacharya. "Readiness to job stress in private and public enterprises." International Journal of Strategic Change Management 7, no. 4 (2021): 1. http://dx.doi.org/10.1504/ijscm.2021.10046845.
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Kunte, Monica, Netra Neelam, and Sonali Bhattacharya. "Readiness to job stress in private and public enterprises." International Journal of Strategic Change Management 7, no. 4 (2021): 1. http://dx.doi.org/10.1504/ijscm.2021.10046845.
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Bhattacharya, Sonali, Netra Neelam, and Monica Kunte. "Readiness to job stress in private and public enterprises." International Journal of Strategic Change Management 7, no. 4 (2021): 314. http://dx.doi.org/10.1504/ijscm.2021.122869.
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Tirtosuharto, Darius. "The Impact of Public Capital Investments on the Revenue Growth of Medium Enterprise in Indonesia." Gadjah Mada International Journal of Business 14, no. 3 (2012): 253. http://dx.doi.org/10.22146/gamaijb.5476.
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Public capital investment represents the role of state and local governments in supporting greater capacity of private enterprises to gain success in a market economy measured by revenue growth. Medium enterprises are considered as the catalysts for economic growth and competitiveness particularly in developing countries due to efficiency and flexibility in an adverse economic environment. Using aggregate data of 30 states (provinces) in Indonesia from 1997-2002, the impact of public capital investment on the revenue growth of medium enterprise is examined. The paper finds that only medium enterprises in the industrial and trading sector benefited from public capital investments and the most optimum capital investment is in transport infrastructure.
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Stephen, Chukwuma Chukwudumebi, Odiwo Williams Omokhudu, and Kifordu Anyibuofu Anthony. "The Impact of Privatization and Commercialization in Nigeria." International Research Journal of Management, IT & Social Sciences 3, no. 9 (2016): 91. http://dx.doi.org/10.21744/irjmis.v3i9.253.
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This paper examined the activities/policies of privatization and commercialization of public enterprises in Nigeria and how they have affected the development of the Nation. Although, some of the problems facing public- owned enterprise were examined as well. It looked at the pressure on the International Monetary Fund (IMF) to fully implement the structural adjustment program that leads to massive deregulation, privatization, and commercialization of public owned enterprises. In addition, it looked at the merits if any, of privatization and commercialization through extensive theoretical review of the performance of the private enterprise in Nigeria. Theories, rationale, and challenges of privatization and commercialization were addressed. The conclusion was that privatization is a good policy measure, which must be pursued with vigor, truth, sincerity, and transparencies even though the government is using such policies to foster a new division of labor between the public and private sectors in a bid to order, increase the efficiency and contribution to the development of both sectors. Privatization and commercialization in Nigeria will be a mirage unless institutional reforms take place. The government should create an environment favorable for private economic activity. This can be done by showing zero tolerance for corruption, nepotism, and misuse of public funds and property by both government and non-government officials.
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Yu, Ying. "Research on the Impact of Local Public Debt on Enterprise Investment Structure." SHS Web of Conferences 163 (2023): 01013. http://dx.doi.org/10.1051/shsconf/202316301013.
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The paper studies the impact of local public debt on the investment structure of enterprises. Specifically, this paper selects the local public debt data at the prefecture-level and the financial data of Shanghai and Shenzhen A-share listed companies from 2007 to 2015 as research samples. Based on the tax burden theory and financing constraint theory, using the fixed effect model of panel data, empirically tests the impact of local public debt on enterprise investment structure. The research shows that the expansion of local public debt will increase the investment in fixed assets of state-owned enterprises and decrease the investment in financial assets; the investment in fixed assets of private enterprises will decrease and the investment in financial assets will increase. Therefore, the impact of local public debt should be managed according to the classification of different enterprises.
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Bagchi, Amiya K. "The Role of Public Enterprises in India." Asian Development Review 05, no. 02 (1987): 89–100. http://dx.doi.org/10.1142/s0116110587000101.
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The public sector is just as much a part of the society it is supposed to serve as the private sector. In India, the public sector not only profoundly influences the economy and society, but it is also the outcome of social and political processes that are outside the control of a single group or a single planning authority…
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Ha, Young Hun, and Ha-Kyoon Nam. "Current Legal Status and Improvement Measures for the governance of national public enterprises in the form of stock companies." Korea Association for Corruption Studies 29, no. 4 (2024): 29–52. https://doi.org/10.52663/kcsr.2024.29.4.29.
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The governance structure of public enterprises, characterized by a dual principal-agent relationship between the public, the government (civil servants), and management, is designed to minimize these complex agency problems while ensuring a balance between public interest and corporate efficiency in management. This paper focuses on the governance of public enterprises structured as corporations, analyzing the current legal framework and proposing improvements. Above all, it suggests reforming the centralized process for appointing public enterprise executives by moving toward a decentralized structure tailored to individual enterprises. This includes diversifying the composition of executive nomination committees and strengthening their functions. It also calls for recognizing labor directors as eligible members of nomination committees and ensuring the inclusion of representatives who can mediate cooperation with local communities. To further enhance the independence and fairness of nominations, the introduction of a random selection system in committee formation is proposed. Additionally, staggering the terms of executives to improve continuity in management is also recommended. Advancing the corporate structure of public enterprises by listing them on stock exchanges would diversify governance through the participation of institutional and minority shareholders. Listed public enterprises, being the most business-oriented type of public enterprise, require mechanisms that strengthen managerial rationality and autonomy to protect corporate and shareholder value. While current corporate laws apply similar provisions to those of private listed companies, there is a growing need for the Public Institutions Operation Act to recognize listed public enterprises and introduce specific regulations that reflect their public enterprise nature.
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Al-Samman, Eyad, and Murad Mohammed Al-Nashmi. "Effect of corporate social responsibility on nonfinancial organizational performance: evidence from Yemeni for-profit public and private enterprises." Social Responsibility Journal 12, no. 2 (2016): 247–62. http://dx.doi.org/10.1108/srj-04-2015-0049.
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Purpose This paper aims to explore the relationship between corporate social responsibility (CSR) and nonfinancial organizational performance (NFOP) of for-profit public and private enterprises in Yemen. It also aims to find whether there is a significant difference of the level of adopting CSR as a periodic activity between business-related public enterprises known as state-owned enterprises (SOEs) and private enterprises. Design/methodology/approach Empirical analyses were conducted on a sample comprising 103 for-profit public and private enterprises. Relationship between CSR and NFOP was examined using multiple regression analyses whereas t-test analysis was used to find any significant difference in adopting CSR activities between SOEs and private enterprises operating in Yemen. Findings The four components of CSR (i.e. economic, legal, ethical and philanthropic) have positive significant relationships with NFOP when measured separately in private enterprises and in both SOEs and private enterprises as a whole entity. Conversely, there was insignificant influence of CSR on NFOP when examined separately in only SOEs. Furthermore, there was no statistically significant difference between SOEs and private enterprises concerning the level of adopting periodically CSR activities. Research limitations/implications Having potential personal preferences among respondents was among the major limitations of this study. Moreover, using nonfinancial measures for assessing NFOP forms another key limitation. Practical implications Having potential personal preferences among respondents was among the major limitations of this study. Moreover, using nonfinancial measures for assessing NFOP forms another key limitation. Originality/value This is one of the first papers discussing the influence of CSR on NFOP which has been given less remarkable attention in the literature compared to financial organizational performance. Moreover, the paper investigates CSR effects on NFOP in Yemen which belongs to the Third World countries.
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Abdellatif, Lobna, and Mohamed Zaky. "Characteristics Of private markets and accessibility of small and medium enterprises to public procurement markets: Pharmaceuticals in egypt." Journal of Public Procurement 15, no. 4 (2015): 476–513. http://dx.doi.org/10.1108/jopp-15-04-2015-b004.
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The current paper explores the effect of private market characteristics on the access of small and medium enterprises (SMEs) to public markets in some sectors. Using survey data of small and medium enterprises in the pharmaceutical sector in Egypt, we confirmed this effect. We found that regulations of drugs pricing and registration in the private market constrained the capacity of those firms to compete in the public markets. However, some other factors play it the other way. The policy implications of these findings indicate that governments need to account for private markets characteristics when designing support packages for smaller enterprises in public procurement markets.
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Naqvi, Syed Nawab Haider, and A. R. Kemal. "The Privatization of the Public Industrial Enterprises in Pakistan." Pakistan Development Review 30, no. 2 (1991): 105–44. http://dx.doi.org/10.30541/v30i2pp.105-144.
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The present study examines the case for the privatization of public industrial enterprises in Pakistan, where the telDl 'privatization' is defined as a transfer of ownenhip from the public to the private sector. The focus of lIlalysis is to compare the efficiency levels in public IIld private enterprises producing similar goods. h has been shown that, in general, allocative IIld productive efficiency is primarily associated with the quality of management rather.than with the locus of ownenhip. The study corrects a popular misconception by showing that as some public enterprises showed losses, most of them made sufficiently large profits, and that their high rates of profit cannot be attributed to the high rates of protection. Indeed, the average rate of effective protection for industries in the public sector, as a rule, is lower th8Il that for the industries in the private sector. FunhelDlore, the popular argument that the public enterprises indulge in monopolistic practices cannot be sustained because they, in fact, face competition both from the imports and the private investor; and because they typically enjoy high rates of capacity utilization. The fiscal argument in favour of privatization is also weak, because profit rates in most public enterprises tend to exceed the interest rate OIl public debt, so that their divestiture may increase the fiscal deficit rather than reduce iL We also argue that privatization may not lay the fOlDldation of the so-called people's capitalism in view of low incomes of the wOlken and the practice of insider-trading in the stock exchlllges of Pakistan. At any rate, the value-added by the public industrial enterprises is such a small proportion of the Gross Domestic Product that not many growth points can be added on account of privatization.
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Hall, Kelly, and Chloe Alexander. "Exploring the Distinctiveness of Social Enterprises Delivering Adult Social Care in England." Health & Social Care in the Community 2023 (April 7, 2023): 1–10. http://dx.doi.org/10.1155/2023/9454428.
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Social enterprises, which are businesses with social objectives, have been championed by the UK government as an opportunity to deliver more innovative, socially oriented, and commercially sustainable public services. However, very little is known about them, especially in a social care context. This paper therefore aims to answer the following three questions: (1) What are care social enterprises?, (2) What are their distinctive qualities?, and (3) How can they contribute to the adult social care sector? It presents evidence from a “mapping” of care social enterprises in three English local authorities, and from interviews with 35 stakeholders from across the social care and social enterprise sectors. Drawing on an institutional logics framework, we explore the influence of different norms, goals, and practices on care social enterprises and the extent to which they are aligned with those of the public, private, and not-for-profit sectors. We found that their unique combination of business and social logics, along with an entrepreneurial mindset, may make them more flexible, innovative, and able to diversify their income than public and not-for-profit care organisations. They were also considered more trustworthy than private care services. However, their competing social and business logics can create internal tensions and bring uncertainty about what organisational model they are. These tensions can make it challenging for us to define what a care social enterprise is and in turn for social enterprises to promote themselves and attract funding.
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Mehdi, Istaqbal. "Privatization-A Device for Reforming Public Enterprise Sector in Pakistan." Pakistan Development Review 30, no. 4II (1991): 895–905. http://dx.doi.org/10.30541/v30i4iipp.895-905.
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Privatization as an instrument for development is rmding significant currency in industrial and developing countries throughout the world. 1YPically, its need arises from the concerns over efficiency with which the state can manage public enterprises (PEs) or large and growing claims of these enterprises on national budgets. In Pakistan its need emanates from both. Barring a few years in the early 1970s, the policy of development through private enterprise remained the mainstay of the Government of Pakistan (GOP) economic policy throughout the four decades of the country's life. In fact, a policy of privatization i.e., transferring public assets to the private sector control remained an enunciated policy in the 1950s and the 1960s, which was again adopted in the late 1970s. However· it was not until late the 1980s that concerted efforts were mounted to breath life into the moribund programme of privatization. In developing a programme for privatization the question faced by us concern the size of the existing PE sector, its performance, constraints in and prerequisite for privatization. The most important question is can we privatize all PEs, if not, then what productivity enhancing measures can we take for enterprises which cannot be privatized in the immediate future.
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Wang, Wenxiong, Ziying Song, Wei Zhou, Yong Jiang, and Yuan Sun. "Evolutionary Game Analysis of Government and Enterprise Behavior Strategies in Public-Private-Partnership Farmland Consolidation." Agriculture 12, no. 11 (2022): 1874. http://dx.doi.org/10.3390/agriculture12111874.
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To improve the implementation effect of farmland consolidation (FC) and promote the development of agricultural modernization, the Chinese government has vigorously promoted the application of the public-private-partnership for farmland consolidation (PPP-FC). However, many conflicts of interest among stakeholders exist in PPP-FC. Especially in the implementation stage of PPP-FC, most private enterprises probably prefer to decrease the costs of construction to increase the profits when government incentives and supervision are insufficient. Based on this, this paper constructs an evolutionary game model between the government and the enterprises to explore the motivations of the enterprises’ speculative behaviors, the interaction mechanism and the evolutionary stability strategies of both parties and uses numerical simulations to visually analyze the effectiveness of the incentive mechanism and the strategic change of both sides. Our results show that (1) the enterprise’s farmland operating income is the decisive factor that affects behavioral choices: the situation for the income of a low-effort strategy is greater than that of a high-effort strategy is the root cause of speculative behavior; (2) the incentive mechanism can simultaneously affect the decision-making direction and speed of both the government and the enterprises, especially punishment which can effectively regulate the behaviors of the enterprises; (3) government regulation costs and officials’ desire for promotion are important factors affecting their strategic choices: regulation costs negatively impact the government’s plans to adopt an incentive strategy and the promotion desire positively promotes the government implementing incentive measures for the enterprises; and (4) the supervision level of farmers is an important factor that affects the strategic choices of both the government and the enterprises: farmers supervision is an effective remedy for inadequate government regulation and constrains the government’s behavior. Finally, the paper proposes corresponding policy recommendations to improve the implementation effect of PPP-FC and also provides an important reference for other developing countries to formulate PPP-FC incentive mechanisms.
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Long, Marceau. "Les entreprises publiques des années 1990 face au défi européen." Revue française d'administration publique 44, no. 1 (1987): 145–49. http://dx.doi.org/10.3406/rfap.1987.1881.
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State Enterprise and the European Challenge of the 1990’s Is there any scope for state enterprise in the europewide market of the 1990’s ? The Single European Act reaffirms the liberal policy set forth in the Treaty of Rome and many governments consider the challenges of an internationalised economy would be better met by state enterprises privatised in whole or in part while others are tempted to assimilate state enterprise and loss-making sectors of the economy. However, less economic liberalization need not imply allowing state enterprise to lag in terms of economic efficiency and advanced technology ! On the contrary, state enterprises should not loss their identity by imitating the private sector. Alongside the private initiative, state enterprise has a duty to meet the 1992 challenges of economic integration and of technological change that Europe cannot afford to sidestep.
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Vu Hung, Cuong, Tuong Phi Vinh, and Binh Dang Thai. "The impact of firm size on the performance of Vietnamese private enterprises: A case study." Problems and Perspectives in Management 19, no. 2 (2021): 243–50. http://dx.doi.org/10.21511/ppm.19(2).2021.20.
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This article investigates the effect of firm size on the performance of Vietnamese private enterprises. Based on the data from the Annual Enterprise Survey from 2009 to 2018, this study uses an ordinary least-squares regression model (OLS) to point out the effects of firm size (growth rate, total assets, and total labor) on the performance of Vietnamese private enterprises in both static and dynamic states. According to the results of the quantitative model, total assets are the biggest factor for determining firm performance, followed by total labor and growth rate. The results highlight the issue in Vietnamese private enterprises development in terms of scale, despite the fact that their number is growing, as the scale of enterprises decreases (the proportion of micro and small enterprises increases, but the proportion of medium and big enterprises decreases). Besides, the disadvantages of scale also negatively affect the development process of Vietnamese private enterprises, including accessing capital, increase in production or productivity, business expansion, and improving competitiveness. AcknowledgmentsThis research is supported by the National Science Project “Development of Private Enterprises in the Southwest Region in the new context” (KHCN-TNB/14-19/X15).
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Chen, Fuzhong, Haifeng Li, Huini Wei, and Wani Nelson. "The Ownership, Innovation, and Sustainable Development of Micro and Small Enterprises: Evidence of China." SAGE Open 12, no. 4 (2022): 215824402211345. http://dx.doi.org/10.1177/21582440221134516.
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This study aims to examine the impacts of ownership and innovation on the sustainable development of micro and small enterprises (MSEs). Using the dataset from the 2015 China Micro and Small Enterprise Survey, this study divides the ownership of MSEs into state ownership, collective ownership, private ownership, and foreign ownership. In this study, the sustainable development of MSEs is measured by four sets of variables, sustainable operation, sustainable profitability from operations, sustainable profit input, and sustainable production or operation input. The Result suggests negative associations between the ownership of state-owned enterprises as well as collective-owned enterprises and MSEs’ sustainable development. Furthermore, public ownership also negatively contributes to MSEs’ sustainable development. Concerning the ownership of non-public-owned enterprises, while private ownership enables MSEs to develop sustainably, foreign ownership is not conducive to MSEs’ sustainable development. Besides, the result also indicates that innovation positively contributes to the sustainable development of MSEs. Moreover, this study offers implications for policymakers to take measures in promoting reform of mixed ownership as well as innovation to enhance MSEs’ sustainable development.
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Chen, Shengyuan, Xinyi Mei, and Yujie Yang. "Study of the Impact of Private Equity Involvement on Corporate IPO Decisions." Highlights in Business, Economics and Management 40 (September 1, 2024): 138–46. http://dx.doi.org/10.54097/7m6pc238.
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At present, private equity investment has become a relatively popular option for financing enterprises of unlisted companies. This paper conducts a case study on the changes in profitability, development, and technological innovation ability of NAIXUE before and after its listing. Tiantu invests in this famous listed catering company to explore the issue of how private equity intervention affects the decision-making of enterprises to go public. The single-case study found that personal equity intervention can help enterprises accelerate the speed of financing, improve their soft power, profitability, and competitiveness, and accelerate the listing process. They proposed a profitable way for private equity firms to continue to hold shares after listing. Under its unique operation mode and management ability, private equity supports enterprises in management, technology, resources, and other aspects. Resource integration helps solve the difficulties in developing enterprises before going public so that they can concentrate on technological innovation.
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Lee, Seong. "Privatization of State Infrastructure." Korean Journal of Policy Studies 11 (December 31, 1996): 191–211. http://dx.doi.org/10.52372/kjps11011.
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World's political and economic environments are changing dramatically. Economic bloc is commonly recognized as an international trend and all nations are making the best effort to maximize their benefits. In Korea, the private enterprises obtained good achievements in the electronic and motor manufacturing industries despite international intense competitions. They contributed to the development of country's competitiveness and to the accumulation of wealth. The success of Korea's private enterprises resulted from the renovation of management and management's determined working principles. By applying the management models of private industries, state enterprises might bring its efficient management. The majority of state enterprises in Korea was established in early 1970 when GNP per capita was only U$200. However, some state enterprises, such as Korea Telecommunication, were established in 1980's when the GNP per capita was U$1,800.
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Alkhimovich, Igor, Olga Roshchina, and Denis Sysoev. "Improving the mechanism of interaction between public and private enterprises." E3S Web of Conferences 164 (2020): 10049. http://dx.doi.org/10.1051/e3sconf/202016410049.
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The purpose of this paper is to improve methodological provisions for the organization and practical implementation of the interaction of public and private enterprises in order to increase the efficiency of their activities, taking into account mutual interests. A model has been formed for assessing the efficiency of overcoming administrative barriers by entrepreneurial entities, which is based on taking into account the price and time for entrepreneurs to overcome problems in running their business. The system of indicators for the development of interaction between public and private enterprises is structured, which allows analyzing trends in the development of interaction processes in a wide range of areas: resource availability, administrative barriers, development of competition, ensuring the security of business, information openness, innovative development.
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Seifu, Solomon D., Abubakar A. Dahiru, Julian M. Bass, and Ian K. Allison. "Cloud-Computing: Adoption Issues for Ethiopian Public and Private Enterprises." Electronic Journal of Information Systems in Developing Countries 78, no. 1 (2017): 1–14. http://dx.doi.org/10.1002/j.1681-4835.2017.tb00575.x.
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Burkhanov, Umar, and Tulkin Atamuradov. "PROBLEMS OF MANAGEMENT OF PUBLIC-PRIVATE PARTNERSHIPS." CBU International Conference Proceedings 1 (June 30, 2013): 104–9. http://dx.doi.org/10.12955/cbup.v1.21.
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The paper provides the results of an empirical study of evaluation of the efficiency of public and private sectors in provision infrastructure services. The imperative research and comparative analysis methods used, revealed a number of “bottlenecks”, including gaps in the legislation and institutional restrictions, lack of experience in cooperation between state and private enterprises, deficiencies in public procurement procedures and executing PPP contracts. The results allow concluding of the significant potential and viability of PPP model in the conditions of Uzbekistan.
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Sun, Xiaojun, Jing Tang, and Shilong Li. "Promote Green Innovation in Manufacturing Enterprises in the Aspect of Government Subsidies in China." International Journal of Environmental Research and Public Health 19, no. 13 (2022): 7864. http://dx.doi.org/10.3390/ijerph19137864.
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Green innovation is vital for manufacturing enterprises to achieve a balance between economic, environmental and social benefits. This paper empirically investigates the mechanisms of government subsidies, R&D investment and public participatory environmental regulation on green innovation in manufacturing enterprises, selecting a sample of 1308 manufacturing firms listed on Chinese A-shares from 2010–2019. The results show that government subsidies can significantly promote green innovation in manufacturing enterprises, with private enterprises being more pronounced. R&D investment plays a mediating role in green innovation in manufacturing enterprises, while public participatory environmental regulation has a negative impact. The moderating effect of public participatory environmental regulation on government subsidies is different on different green patents, with a more negative effect on green invention patents than on green utility model patents. Public participatory environmental regulation has a negative moderating effect on the green innovation of state-owned manufacturing enterprises while having no significant effect on private manufacturing enterprises.