Carlos D Ramirez, Ling Hui Tin|
International Monetary Fund (IMF)|
Singapore, Inc. Versus the Private Sector: Are Government-Linked Companies Different?
Public|
Printed: Yes
This paper analyzes government-linked companies (GLCs) in Singapore. Unlike parastatals in other countries, GLCs in Singapore are competitive and commercial, and do not have government privledges. Data analysis suggests GLCs in Singapore do not have easier access to credit. The data also shows being a GLC is positively rewarded in financial markets with a premium greater than with is predicted with Tobin's q.
Report type
Partner Resources
Themes
Corporate Governance & Accountability Mechanisms
Region
East Asia and Pacific (EAP)
Country
Singapore
