Which of the following statement is NOT true about state owned enterprises (SOEs) ?

A. SOEs perform better with competition
B. Successful performing SOEs in Japan, Singapore and Sweden have greater managerial autonomy and accountability than other SOEs
C. SOEs in South Korea and Sweden generally achieve inferior economic results to those in Ghana
D. Financial autonomy is a major factor contributing to SOEs managerial effectiveness

Privatization refers to a range of policies including ?

I. changing part of a public enterpris’s ownership to the private sector
II. Liberalization of entry into activities previously restricted to the public sector
III. two infant industries merging into a monopoly
IV. franchising or contracting public services or leasing public assets to the Private sector

A. III only
B. IV only
C. I, II and IV only
D. None of these

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