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2021 | OriginalPaper | Chapter

6. The Effects of Privatization and Corporate Governance of SOEs in Transition Economies: The Case of Kazakhstan

Author : Keun Jung Lee

Published in: Reforming State-Owned Enterprises in Asia

Publisher: Springer Singapore

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Abstract

This paper focuses on the relationship between corporate governance structure and privatized state-owned enterprises (SOEs) as a way to reform SOEs in a transition economy, using the experience of Central Asia as a case study.

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Appendix
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Footnotes
1
The National Welfare Fund “Samruk -Kazyna” was established by merging the joint stock companies of the Sustainable Development Fund “Kazyna” and the Kazakhstan Holding for Management of State Assets “Samruk” in accordance with the decree of the President of Kazakhstan, Nursultan Nazarbayev on 13 October 2008. From 2012, in connection with changes in the legislation of Kazakhstan, the name was changed to JSC “Samruk−Kazyna” (http://​www.​sk.​kz).
 
2
Global Depository Receipts (GDRs) are negotiable certificates issued by depository banks, which represent ownership of a given number of a company’s shares, which can be listed and traded independently from the underlying shares.
 
3
AIM is a submarket that allows smaller firms to float shares with a more flexible regulatory system than is applicable to the main market.
 
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Metadata
Title
The Effects of Privatization and Corporate Governance of SOEs in Transition Economies: The Case of Kazakhstan
Author
Keun Jung Lee
Copyright Year
2021
Publisher
Springer Singapore
DOI
https://doi.org/10.1007/978-981-15-8574-6_6

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