Year: 2022
Type: book-chapter
Abstract: Private sector leads the production and distribution process in many countries. However, Public Owned Enterprises (POEs) are also an important element of many developing and developed economies in this context. This analysis examines the main legal organisation forms of public owned enterprises and their financial performance. It also briefly analyses the national legislation and regulation on corruption prevention mechanisms and policy measures and anticorruption practices in public owned enterprises. Almost half of public owned enterprises in North Macedonia are working with losses and have the highest maturity and unpaid liabilities in the last five years. Public owned enterprises can either contribute or obstruct the competitiveness of the economy depending on their efficiency and productivity. This sector needs to be transparent to provide competing enterprises with a fair overview of the fundamental market conditions.
Source: CIRIEC studies series
Authors: Benjamin Friedländer, Christina Schaefer
Institutions: University of Liège, Helmut Schmidt University
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W4283205322