Bulgaria - Integrated State-Owned Enterprises Framework (iSOEF) Assessment

Bulgaria - Integrated State-Owned Enterprises Framework (iSOEF) Assessment

Bulgaria's transition to a market economy involved massive privatizations over the past few decades, however the central government still retains a portfolio of State-Owned Enterprises (SOEs) which includes some of the largest companies in ter...

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Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
Published: Washington, DC 2022
Subjects:
CORPORATE GOVERNANCE AND ACCOUNTABILITY
INTEGRATED STATE-OWNED ENTERPRISES FRAMEWORK (ISOEF)
TRANSITION TO A MARKET ECONOMY
PRIVATIZATION
SOE REFORM
Online Access:http://documents.worldbank.org/curated/en/099950104082230689/P17633802257d600e09f9703e6a339a1e74
http://hdl.handle.net/10986/37304
id okr-10986-37304
recordtype oai_dc
spelling okr-10986-373042022-04-19T05:10:35Z Bulgaria - Integrated State-Owned Enterprises Framework (iSOEF) Assessment World Bank CORPORATE GOVERNANCE AND ACCOUNTABILITY INTEGRATED STATE-OWNED ENTERPRISES FRAMEWORK (ISOEF) TRANSITION TO A MARKET ECONOMY PRIVATIZATION SOE REFORM Bulgaria's transition to a market economy involved massive privatizations over the past few decades, however the central government still retains a portfolio of State-Owned Enterprises (SOEs) which includes some of the largest companies in terms of assets and revenues and dominates strategic sectors such as energy and transport. This report applies the new World Bank integrated State-Owned Enterprises Framework (iSOEF) to assess the Bulgarian state-owned enterprise (SOE) sector and help to identify ways to strengthen its corporate governance and performance. The report provides one of the first comprehensive applications of the World Bank's new iSOEF in Eastern Europe. The report outlines the SOE landscape in Bulgaria and then assesses two key aspects: SOEs fiscal impact and their corporate governance and accountability mechanisms. Leveraging World Bank expertise, this multidimensional assessment looks at the interrelationships of the challenges and opportunities faced by Bulgarian SOEs to propose holistic and sequenced recommendations that aim to strengthen governance and performance. The primary audience of the iSOEF assessment is the government of the Republic of Bulgaria, in particular the Ministry of Finance, the Ministry of Economy and Industry, the Public Enterprises and Control Agency (PECA), and other relevant stakeholders. 2022-04-13T20:58:43Z 2022-04-13T20:58:43Z 2021 Report http://documents.worldbank.org/curated/en/099950104082230689/P17633802257d600e09f9703e6a339a1e74 http://hdl.handle.net/10986/37304 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Report Publications & Research Europe and Central Asia Bulgaria
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic CORPORATE GOVERNANCE AND ACCOUNTABILITY
INTEGRATED STATE-OWNED ENTERPRISES FRAMEWORK (ISOEF)
TRANSITION TO A MARKET ECONOMY
PRIVATIZATION
SOE REFORM
spellingShingle CORPORATE GOVERNANCE AND ACCOUNTABILITY
INTEGRATED STATE-OWNED ENTERPRISES FRAMEWORK (ISOEF)
TRANSITION TO A MARKET ECONOMY
PRIVATIZATION
SOE REFORM
World Bank
Bulgaria - Integrated State-Owned Enterprises Framework (iSOEF) Assessment
geographic_facet Europe and Central Asia
Bulgaria
description Bulgaria's transition to a market economy involved massive privatizations over the past few decades, however the central government still retains a portfolio of State-Owned Enterprises (SOEs) which includes some of the largest companies in terms of assets and revenues and dominates strategic sectors such as energy and transport. This report applies the new World Bank integrated State-Owned Enterprises Framework (iSOEF) to assess the Bulgarian state-owned enterprise (SOE) sector and help to identify ways to strengthen its corporate governance and performance. The report provides one of the first comprehensive applications of the World Bank's new iSOEF in Eastern Europe. The report outlines the SOE landscape in Bulgaria and then assesses two key aspects: SOEs fiscal impact and their corporate governance and accountability mechanisms. Leveraging World Bank expertise, this multidimensional assessment looks at the interrelationships of the challenges and opportunities faced by Bulgarian SOEs to propose holistic and sequenced recommendations that aim to strengthen governance and performance. The primary audience of the iSOEF assessment is the government of the Republic of Bulgaria, in particular the Ministry of Finance, the Ministry of Economy and Industry, the Public Enterprises and Control Agency (PECA), and other relevant stakeholders.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Bulgaria - Integrated State-Owned Enterprises Framework (iSOEF) Assessment
title_short Bulgaria - Integrated State-Owned Enterprises Framework (iSOEF) Assessment
title_full Bulgaria - Integrated State-Owned Enterprises Framework (iSOEF) Assessment
title_fullStr Bulgaria - Integrated State-Owned Enterprises Framework (iSOEF) Assessment
title_full_unstemmed Bulgaria - Integrated State-Owned Enterprises Framework (iSOEF) Assessment
title_sort bulgaria - integrated state-owned enterprises framework (isoef) assessment
publisher Washington, DC
publishDate 2022
url http://documents.worldbank.org/curated/en/099950104082230689/P17633802257d600e09f9703e6a339a1e74
http://hdl.handle.net/10986/37304
_version_ 1764486898790694912

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