Corporatisation
/ˌkɔːrpəraɪˈzeɪʃən/
Definitions
- (n.) The process of transforming a public sector agency or government entity into a corporation subject to commercial law and operating under company principles.
The corporatisation of the state-owned enterprise aimed to increase efficiency and accountability.
Related terms
See also
Commentary
Corporatisation often precedes full privatisation and involves applying corporate governance structures while retaining public ownership.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.