01918cas a2200253 a 4500 AALejournalIMF017208 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475551983 2522-7912 BD-DhAAL BD-DhAAL Allen, Richard. How to Improve the Financial Oversight of Public Corporations / Richard Allen, Miguel Alves. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (21 pages) IMF How To Notes <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 Many studies have highlighted how failures of public corporations (otherwise known as state-owned enterprises) can result in huge economic and fiscal costs. To contain the risks associated with these costs, an effective regime for the financial supervision and oversight of public corporations should be put in place. This note discusses the legal, institutional, and procedural arrangements that governments need to oversee the financial operations of their public corporations, ensure accountability for their performance, and manage the fiscal risks they present. In particular, it recommends that governments should focus their surveillance on public corporations that are large in relation to the economy, create fiscal risks, are not profitable, are unstable financially, or are heavily dependent on government subsidies or guarantees. Mode of access: Internet Alves, Miguel. IMF How To Notes; How-To Note ; No. 2016/005 Full text available on IMF http://elibrary.imf.org/view/journals/061/2016/005/061.2016.issue-005-en.xml IMF e-Library