Corporate Governance in Government Corporations

This study of corporate governence in government corporations examines the history of government corporations, the problems associated with mating the corporation to a public use, the possibilites for rent seeking associated with government corporations and other issues.

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Many governments across the world have responded to the need for greater efficiency in the delivery of government services by the reorganization of these bureaucracies along the lines of for-profit business corporations. In doing so, governments have relied on the capacity for governance practices to overcome the weaker incentives created by the attenuated 'property rights' that are created in public enterprise.