English, Article edition: Public Corporate Governance for Public-sector Entities Markus Hafele

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/25222
Physical Description
  • article
Language
  • English

Edition details

Title
  • Public Corporate Governance for Public-sector Entities
Author
  • Markus Hafele
Physical Description
  • article
Notes
  • This article describes the development of the implementation of a Public Corporate Governance Code for public-sector entities in Germany. It provides a description of a wholly process to implement such regulations for public authority and its entities to improve corporate management, accountability and transparency of the public sector in Germany. Public and private-sector entities operating on the free market must generally be treated equally. Conversely, this means that the public authorities and their associates are, in principle, also subject to European and German business law. This not only applies to state-owned companies or municipal entities that are already listed on the stock exchange, but also to all other public-sector entities, however small. These entities are thus faced with the task of reconsidering their internal governance framework and adjusting it to reflect these new circumstances. In the long term, the trust of local authorities, stakeholders and the general public can only be nsured if a sophisticated (governance) framework is in place which adequately reflects the special responsibility of holding assets in trust. Furthermore, a sophisticated governance framework is seen as a quality characteristic that sets a company apart from the competition, a particularly important factor in light of keener competition. The needs are identified: Corporate Governance of public entities is guaranteed by more than one component. A Public Corporate Governance Code if properly applied can become a key function that helps to ensure a good and responsible corporate governance.
  • public-sector entities, governance code
  • RePEc:osi:scispf:v:29:y:2008:p:115-123
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment