The purpose of the study is to assess whether the Ministry of Finance and the ministries that own the companies have organised the governance of the companies in a manner that supports delivery of the required public services to the community as well as the effective commercial operation of the companies. The report answers the following questions:
- Has the Ministry of Finance defined a clear and adequate framework for the formation of companies and for exercising ownership?
- Has the management of the public services provided to the community and commercial operation of selected companies been appropriately organised by the ownership ministries, in accordance with the framework defined by the Ministry of Finance?
- Do the ownership ministries and the supervisory authorities adequately monitor the selected companies’ provision of public services to the community and their commercial operation?
The study is focused on the independent public companies, but also address issues concerning government-owned limited companies and similar company structures.
Read the 1st chapter of the report (PDF)