State holding companies and public enterprises in transition / Anjali Kumar.

Includes bibliographical references (p. 271-287) and index.

Currency Equivalents
Ch. 1. Public Enterprise Management Through State Holding Companies
1.1. The State Holding Company: A Rationale for its Examination
1.2. The Holding Company as a Managerial Form
1.3. A Framework for Comparative Analyses
Ch. 2. Empirical Experience: An Overview
2.1. Forms and Models of State Holding Companies
2.2. Vertical Structure and Portfolio Distribution
2.3. Italy, Egypt and Algeria: A Preview
2.4. Scope and Data Sources
Ch. 3. Italy: IRI and Others
3.1. State Holding Companies in Italy: Origins and Current Role
3.2. Vertical Links
3.3. Financial Practices and Links with the Financial System
3.4. Shareholding Structure, Share Transfer and Privatization
3.5. Restructuring and Redeployment of Labor
3.6. Government Financial Obligations and Transfers
3.7. A Summary
Ch. 4. Egypt: Successive Holding Structures
4.1. Origins, Changes and Continuity
4.2. The Legal Framework and Policy Environment
4.3. Public Enterprise Performance
4.4. Vertical Structure, Share Distribution
4.5. Financial Practices and Links with the Financial System
4.6. Restructuring and Privatization
4.7. Governmental Obligations and Government Assistance
4.8. An Evaluation
Ch. 5. Algeria: Participating Funds
5.1. Origins of Public Enterprise Reform
5.2. Parallel Changes in Policy
5.3. Vertical Links
5.4. Portfolio Distribution and Share Sales
5.5. Current Financial Situation and Links to the Financial System
5.6. Privatization and Restructuring
5.7. Government Assistance and Obligations to the Government
5.8. An Assessment
Ch. 6. East Europe: New Holding Institutions
6.1. Relevant Parallels
6.2. Majority Holding Companies: Restructuring and Privatization
6.3. Minority Holding Companies: Investment Funds
6.4. Conclusions
Ch. 7. A Synthesis
7.1. Theoretical Hypotheses
7.2. Principal Findings
7.3. The Design of a State Holding Institution
Appendix: Notes on Holding Companies in Developed and Developing Countries
A1. Developing Countries: Public Enterprise Management and Gradualist Reform
A2. Developed Countries: Rescue and Restructuring

Drawing upon the experience of both developed and developing countries, this book examines the extent to which the indirect state ownership of public enterprises through holding companies can contribute to transition processes, and examines the theory of the holding company as a managerial form.

eng.