A golden share is a special type of share that provides its holder with certain key powers and typically ensures that the company remains under specific control, such as preventing foreign ownership.
A limit to spending by some private or public body, where breaching it has significant consequences such as job loss or firm closure. A concept fundamental in financial management, especially evident in privatization policies.
Liberalization refers to the relaxation of government restrictions in economic policies, often accompanying privatization, to foster a more open and competitive market environment.
Nationalization refers to the process of bringing resources and activities formerly operated by private businesses or local organizations under government ownership and control. It is the opposite process to privatization.
An industry whose ownership has been taken over by the state. Nationalization motives vary: moderating monopoly power, enhancing economic efficiency, subsidizing employment, or reducing private capitalists' power.
A detailed examination of State-Owned Companies, including their history, types, key events, importance, and applicability, along with examples, considerations, and related terms.
Township and Village Enterprises (TVEs) represent a distinctive form of production unit in China, primarily situated in rural areas and collectively owned by local communities. Initially focused on industrial inputs for agriculture, they evolved significantly post-economic reforms to become a vital economic force.
A comprehensive guide to understanding Neoliberalism, its principles, historical context, real-world examples, as well as its advantages and disadvantages.
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