LATEST PUBLICATIONS
WP-2012-07
Regulatory Impact Assessment Adoption Determinants: A Diagnostic Framework
WP-2012-06
Exploring Responses to the Employment Impact of Excise Tax Reform: The Case of the Philippine Tobacco Industry
WP-2012-05
Mapping Out Employment Opportunities in the Cultural Heritage Sector A Strategic Framework
WP-2012-04
Enhancing Decent Work Outcomes in Small-Scale Gold Mining

LATEST AV MATERIALS
PIDS WB 2021-0904
Annual Public Policy Conference Webinar 3: Green And Inclusive Recovery
PIDS WB 2021-0903
Annual Public Policy Conference Webinar 2: Ethical Business
PIDS WB 2021-0902
Opening Program and Annual Public Policy Conference Webinar 1: Resetting Capitalism
PIDS WB 2021-0901
19th Development Policy Research Month Kick-Off Forum
Publication Detail
NCPAG PJPA 2007-1-4: State, market and civil society in Philippine Public Administration

Public enterprises (PEs) in the Philippines suffer governance-related problems that make their reform difficult. PEs have oftentimes conflicting objectives, are subject to political interference, and lack transparency, accountability and productivity. During the Martial Law period, they were used as milking cows of the Marcoses and their cronies, and contributed to the heavy fiscal and budgetary burden of the national government. In reforming the PEs, several policies have been applied, which include financial discipline, salary reforms, performance evaluation and audit, privatization, and rationalization. However, there is still a need to intensify reform initiatives and make the public corporate sector more viable, sustainable, and competitive through corporate governance. Corporate governance is about managing an enterprise while ensuring accountability in the exercise of power and patronage, and by creating a balance between economic and social goals while encouraging efficient use of resources, accountability in the use of power, and stewardship.

UP-National College of Public Administration and Governance
Authors Keywords
Mendoza, Maria Fe Villamejor; Code of corporate governance; Government business enterprise; Government corporations -- Philippines;
Download PDF Number of Downloads
Published in 2007 and available in the UP NCPAG Library or Downloaded 154 times since October 25, 2018
×
Please let us know your reason for downloading this publication. May we also ask you to provide additional information that will help us serve you better? Rest assured that your answers will not be shared with any outside parties. It will take you only two minutes to complete the survey. Thank you.


To use as reference:
If others, (Please specify):
Name: (optional)
Email: (required, but will not display)
Age:
Gender:
If Prefer to self-describe, please specify:
Level of Education:
Occupation:
If employed either part-time or full-time, name of office:
If others, (Please specify):
Would you like to receive the SERP-P UPDATES e-newsletter? Yes No
Use the space below if you have any comment about this publication or SERP-P knowledge resources in general.