01646cas a2200253 a 4500 AALejournalIMF008472 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451857429 1018-5941 BD-DhAAL BD-DhAAL Tan, Ling. Singapore, Incorporated Versus the Private Sector : Are Government-Linked Companies Different? / Ling Tan, Carlos Ramirez. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (21 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Government-linked companies (GLCs) have a significant presence in Singapore's corporate sector. Unlike parastatals in many other countries, these companies are run on a competitive, commercial basis, ostensibly without government privileges. Based on data from publicly listed GLCs and non-GLCs, we indeed find no evidence that GLCs have easier access to credit. However, we do find that being a GLC is rewarded in financial markets with a positive premium, over and above what can be explained by the usual determinants of Tobin's q. Mode of access: Internet Ramirez, Carlos. IMF Working Papers; Working Paper ; No. 2003/156 Full text available on IMF http://elibrary.imf.org/view/journals/001/2003/156/001.2003.issue-156-en.xml IMF e-Library