Ghana : Corporatization of Distribution Concessions through Capitalization

This study looks at the potential for using employee stock ownership plans (ESOPs) as a means of allowing employees of state-owned enterprises to obtain an ownership stake in the privatization of electricity distribution concessions. Privatization...

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Bibliographic Details
Main Author: World Bank
Format: ESMAP Paper
Language:English
en_US
Published: Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2003/12/5782815/ghana-corporatization-distribution-concessions-through-capitalization
http://hdl.handle.net/10986/20272
id okr-10986-20272
recordtype oai_dc
spelling okr-10986-202722021-04-23T14:03:38Z Ghana : Corporatization of Distribution Concessions through Capitalization World Bank ACCOUNTABILITY ACCOUNTING ASSET STRIPPING ASSETS AUTHORITY AUTHORIZATION BALANCE SHEET BANK OF JAMAICA BANKS CAPITALIZATION COMPETITION POLICY COMPETITIVE BIDDING CONSENSUS COPYRIGHT CORPORATE GOVERNANCE COST OF CAPITAL DEBT DECISION MAKING DECISION MAKING PROCESS DEFICITS DEPRECIATION DISCOUNTED CASH FLOW DISCOUNTED CASH FLOW ANALYSIS ECONOMIC RECOVERY ELECTRICITY EMPLOYMENT ENTERPRISE REFORM EXPENDITURE FINANCIAL DATA FINANCIAL DISCIPLINE FINANCIAL SECTOR FINANCIAL SUPPORT FOREIGN INVESTORS GOVERNMENT AGENCIES GOVERNMENT FINANCIAL SUPPORT GOVERNMENT MINISTRIES GOVERNMENT OWNERSHIP GOVERNMENT PLANNING GOVERNMENT POLICIES GROSS DOMESTIC PRODUCT LABOR UNIONS LACK OF ACCOUNTABILITY LAWYERS LEGAL ACTION LEGAL FRAMEWORK LEGAL RECOURSE LEGAL REFORMS LEGAL STATUS LEGISLATION LIQUIDATION MARKET VALUE MINISTRY OF FINANCE OPERATING LOSSES PRIVATE OWNERSHIP PRIVATE SECTOR PRIVATIZATION PUBLIC ACCOUNTABILITY PUBLIC COMPANIES PUBLIC ENTERPRISES PUBLIC INFORMATION PUBLIC SECTOR PUBLIC SECTOR EMPLOYMENT PUBLIC SERVICE PUBLIC SERVICE OBLIGATION PUBLIC UTILITIES REGULATORY AGENCY REGULATORY BODIES REGULATORY REQUIREMENTS RETURN ON INVESTMENT SAVINGS STATE ENTERPRISES STATE PARTICIPATION STATE-OWNED ENTERPRISES STRUCTURAL ADJUSTMENT TAX TAX INCENTIVES TECHNICAL ASSISTANCE TELECOMMUNICATIONS TRANSPARENCY TRANSPORT This study looks at the potential for using employee stock ownership plans (ESOPs) as a means of allowing employees of state-owned enterprises to obtain an ownership stake in the privatization of electricity distribution concessions. Privatization programs worldwide are increasingly including a focus on incorporating an element of employee ownership in order to ensure that ownership of the privatized enterprises will be shared broadly by its workers, not just wealthy investors. This study looks at the relevant international experience and offers guidelines for introducing appropriate legal reforms that could facilitate the implementation of employee ownership as a key element of the government's privatization strategy. 2014-09-30T14:43:00Z 2014-09-30T14:43:00Z 2003-12 http://documents.worldbank.org/curated/en/2003/12/5782815/ghana-corporatization-distribution-concessions-through-capitalization http://hdl.handle.net/10986/20272 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Publications & Research :: ESMAP Paper Publications & Research Africa Ghana
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNTABILITY
ACCOUNTING
ASSET STRIPPING
ASSETS
AUTHORITY
AUTHORIZATION
BALANCE SHEET
BANK OF JAMAICA
BANKS
CAPITALIZATION
COMPETITION POLICY
COMPETITIVE BIDDING
CONSENSUS
COPYRIGHT
CORPORATE GOVERNANCE
COST OF CAPITAL
DEBT
DECISION MAKING
DECISION MAKING PROCESS
DEFICITS
DEPRECIATION
DISCOUNTED CASH FLOW
DISCOUNTED CASH FLOW ANALYSIS
ECONOMIC RECOVERY
ELECTRICITY
EMPLOYMENT
ENTERPRISE REFORM
EXPENDITURE
FINANCIAL DATA
FINANCIAL DISCIPLINE
FINANCIAL SECTOR
FINANCIAL SUPPORT
FOREIGN INVESTORS
GOVERNMENT AGENCIES
GOVERNMENT FINANCIAL SUPPORT
GOVERNMENT MINISTRIES
GOVERNMENT OWNERSHIP
GOVERNMENT PLANNING
GOVERNMENT POLICIES
GROSS DOMESTIC PRODUCT
LABOR UNIONS
LACK OF ACCOUNTABILITY
LAWYERS
LEGAL ACTION
LEGAL FRAMEWORK
LEGAL RECOURSE
LEGAL REFORMS
LEGAL STATUS
LEGISLATION
LIQUIDATION
MARKET VALUE
MINISTRY OF FINANCE
OPERATING LOSSES
PRIVATE OWNERSHIP
PRIVATE SECTOR
PRIVATIZATION
PUBLIC ACCOUNTABILITY
PUBLIC COMPANIES
PUBLIC ENTERPRISES
PUBLIC INFORMATION
PUBLIC SECTOR
PUBLIC SECTOR EMPLOYMENT
PUBLIC SERVICE
PUBLIC SERVICE OBLIGATION
PUBLIC UTILITIES
REGULATORY AGENCY
REGULATORY BODIES
REGULATORY REQUIREMENTS
RETURN ON INVESTMENT
SAVINGS
STATE ENTERPRISES
STATE PARTICIPATION
STATE-OWNED ENTERPRISES
STRUCTURAL ADJUSTMENT
TAX
TAX INCENTIVES
TECHNICAL ASSISTANCE
TELECOMMUNICATIONS
TRANSPARENCY
TRANSPORT
spellingShingle ACCOUNTABILITY
ACCOUNTING
ASSET STRIPPING
ASSETS
AUTHORITY
AUTHORIZATION
BALANCE SHEET
BANK OF JAMAICA
BANKS
CAPITALIZATION
COMPETITION POLICY
COMPETITIVE BIDDING
CONSENSUS
COPYRIGHT
CORPORATE GOVERNANCE
COST OF CAPITAL
DEBT
DECISION MAKING
DECISION MAKING PROCESS
DEFICITS
DEPRECIATION
DISCOUNTED CASH FLOW
DISCOUNTED CASH FLOW ANALYSIS
ECONOMIC RECOVERY
ELECTRICITY
EMPLOYMENT
ENTERPRISE REFORM
EXPENDITURE
FINANCIAL DATA
FINANCIAL DISCIPLINE
FINANCIAL SECTOR
FINANCIAL SUPPORT
FOREIGN INVESTORS
GOVERNMENT AGENCIES
GOVERNMENT FINANCIAL SUPPORT
GOVERNMENT MINISTRIES
GOVERNMENT OWNERSHIP
GOVERNMENT PLANNING
GOVERNMENT POLICIES
GROSS DOMESTIC PRODUCT
LABOR UNIONS
LACK OF ACCOUNTABILITY
LAWYERS
LEGAL ACTION
LEGAL FRAMEWORK
LEGAL RECOURSE
LEGAL REFORMS
LEGAL STATUS
LEGISLATION
LIQUIDATION
MARKET VALUE
MINISTRY OF FINANCE
OPERATING LOSSES
PRIVATE OWNERSHIP
PRIVATE SECTOR
PRIVATIZATION
PUBLIC ACCOUNTABILITY
PUBLIC COMPANIES
PUBLIC ENTERPRISES
PUBLIC INFORMATION
PUBLIC SECTOR
PUBLIC SECTOR EMPLOYMENT
PUBLIC SERVICE
PUBLIC SERVICE OBLIGATION
PUBLIC UTILITIES
REGULATORY AGENCY
REGULATORY BODIES
REGULATORY REQUIREMENTS
RETURN ON INVESTMENT
SAVINGS
STATE ENTERPRISES
STATE PARTICIPATION
STATE-OWNED ENTERPRISES
STRUCTURAL ADJUSTMENT
TAX
TAX INCENTIVES
TECHNICAL ASSISTANCE
TELECOMMUNICATIONS
TRANSPARENCY
TRANSPORT
World Bank
Ghana : Corporatization of Distribution Concessions through Capitalization
geographic_facet Africa
Ghana
description This study looks at the potential for using employee stock ownership plans (ESOPs) as a means of allowing employees of state-owned enterprises to obtain an ownership stake in the privatization of electricity distribution concessions. Privatization programs worldwide are increasingly including a focus on incorporating an element of employee ownership in order to ensure that ownership of the privatized enterprises will be shared broadly by its workers, not just wealthy investors. This study looks at the relevant international experience and offers guidelines for introducing appropriate legal reforms that could facilitate the implementation of employee ownership as a key element of the government's privatization strategy.
format Publications & Research :: ESMAP Paper
author World Bank
author_facet World Bank
author_sort World Bank
title Ghana : Corporatization of Distribution Concessions through Capitalization
title_short Ghana : Corporatization of Distribution Concessions through Capitalization
title_full Ghana : Corporatization of Distribution Concessions through Capitalization
title_fullStr Ghana : Corporatization of Distribution Concessions through Capitalization
title_full_unstemmed Ghana : Corporatization of Distribution Concessions through Capitalization
title_sort ghana : corporatization of distribution concessions through capitalization
publisher Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2003/12/5782815/ghana-corporatization-distribution-concessions-through-capitalization
http://hdl.handle.net/10986/20272
_version_ 1764437382963134464