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Public ownership and corporate governance: Redefining the role of government and the people in the management of quasi-state enterprises
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Naghi Zehi   , Nassim Mehin Aslani Nia * |
| Economic Affairs and Finance of East Azarbaijan Province |
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Abstract: (175 Views) |
Quasi-state enterprises in Iran face serious corporate governance challenges due to overlapping government roles as owner, regulator, and operator. This mixed-methods study, based on a survey of 60 experts, evaluates the current governance status and proposes redefining the state's role (shift to smart regulation) and enhancing public and civil society participation. Findings reveal poor performance in transparency (mean 2.13), public role (mean 2.17), and economic efficiency (mean 2.26), while strong agreement exists for eliminating monopolies (mean 4.09), media oversight (mean 4.09), and public access to information (mean 4.04). Key recommendations include establishing an independent state ownership entity with anti-corruption safeguards, mandatory full transparency, civil oversight councils, and hybrid performance evaluation. This research provides a basis for policymaking to improve productivity, accountability, and competitiveness of quasi-state enterprises.
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| Keywords: Corporate governance, quasi-state companies, public ownership, role of the government, public participation, Article 44 of the Constitution |
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Full-Text [PDF 781 kb]
(55 Downloads)
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Type of Study: Research |
Subject:
Special
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