Pecularities of performance measurement in state-owned enterprises – The case of Lithuania

Kloviene, Ruta; Gimžauskienė, Edita

doi:10.5771/0344-9777-2016-1-2-188

Cited by 4 publications

(3 citation statements)

References 7 publications

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“…Additionally, SOEs in many nations use a sizable portion of the national resources of their owning nations, either increasing or depleting these resources. As a result, their effectiveness and efficiency play a significant role in determining the economic performance and competitiveness of the states they belong to (Kloviene andGimzauskiene 2016, Grossi et al 2015). Owning states, observers, and society as a whole cannot ignore these state enterprises in light of their importance, which has already been established.…”

Section: Athens Journal Of Business and Economicsmentioning

confidence: 99%

Untitled

2023

AJBE

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ATINER is an independent and non-profit Association with a Mission to become a forum where Academics and Researchers from all over the world can meet in Athens, exchange ideas on their research and discuss future developments in their disciplines, as well as engage with professionals from other fields. Athens was chosen because of its long history of academic gatherings, which go back thousands of years to Plato's Academy and Aristotle's Lyceum. Both these historic places are within walking distance from ATINER's downtown offices. Since antiquity, Athens was an open city. In the words of Pericles, Athens"…is open to the world, we never expel a foreigner from learning or seeing". ("Pericles' Funeral Oration", in Thucydides, The History of the Peloponnesian War). It is ATINER's mission to revive the glory of Ancient Athens by inviting the World Academic Community to the city, to learn from each other in an environment of freedom and respect for other people's opinions and beliefs. After all, the free expression of one's opinion formed the basis for the development of democracy, and Athens was its cradle. As it turned out, the Golden Age of Athens was in fact, the Golden Age of the Western Civilization. Education and (Re)searching for the 'truth' are the pillars of any free (democratic) society. This is the reason why Education and Research are the two core words in ATINER's name.

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Section: Athens Journal Of Business and Economicsmentioning

confidence: 99%

Untitled

2023

AJBE

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“…Xu and Birch (1999) concluded that this was the case for SOEs in the energy and electricity sectors in Argentina, while firms in service-oriented sectors focused on employment maximization. Kloviene and Gimzauskiene (2016) highlighted that using typical profitability and financial indicators as performance indicators for SOEs was not appropriate as these firms exhibit special features. Instead, they advise that accountability and performance regulators be evaluated using qualitative methods.…”

Section: Assessment Of the Performance Of State-owned Enterprisesmentioning

confidence: 99%

A Comprehensive Evaluation Framework on the Economic Performance of State-Owned Enterprises

et al. 2019

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The views expressed in this paper are the views of the author and do not necessarily reflect the views or policies of ADBI, ADB, its Board of Directors, or the governments they represent. ADBI does not guarantee the accuracy of the data included in this paper and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with ADB official terms. Working papers are subject to formal revision and correction before they are finalized and considered published.

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“…Additionally, SOEs in many states also utilise major national resources, with the possibility of either depleting or increasing these resources. Therefore, the effectiveness and efficiency of SOEs greatly influence the socioeconomic competitiveness and performance of shareholding states (Kloviene & Gimzauskiene, 2016;Grossi et al, 2015). Thus, government, observers as well as society cannot afford to neglect these state enterprises given their documented importance.…”

Section: Introductionmentioning

confidence: 99%

Comparing corporate governance practices of state-owned enterprises (SOEs) in South Africa and Singapore

Adebayo

Ackers

2022

JAI

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Research aims: This paper undertakes a cross-country comparative analysis of corporate governance of state-owned enterprises (SOEs) in South Africa and Singapore, two countries using two different models for organising SOEs, with specific reference to agreement with the themes identified in the World Bank’s Framework for good Corporate Governance practices for SOEs. The aim of this paper is to identify differences and similarities in practice and to document how the states have fared using different models.Design/Methodology/Approach: The paper deploys a pragmatic mixed methods approach conducted in two phases, to understand the practices utilised by South African and Singaporean SOEs. The data emerging from these two phases, were compared to the Framework for good Corporate Governance practices for SOEs issued by the World Bank.Research findings: Findings suggest although South African SOEs have good corporate governance practices in place, Singaporean SOEs are better organised and governed compared with South African SOEsTheoretical contribution/Originality: This paper contributes to the scholarly discourse on SOEs in by expanding the discourse on public sector entrepreneurship and opening up new debates and research areas corporate governance of SOEs.

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Pecularities of performance measurement in state-owned enterprises – The case of Lithuania

Cited by 4 publications

References 7 publications

Untitled

Untitled

A Comprehensive Evaluation Framework on the Economic Performance of State-Owned Enterprises

Comparing corporate governance practices of state-owned enterprises (SOEs) in South Africa and Singapore

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