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Public Enterprises Today: Missions, Performance and Governance – Les entreprises publiques aujourd’hui : missions, performance, gouvernance

Learning from Fifteen Cases – Leçons de quinze études de cas


CIRIEC and Luc Bernier

Over thirty years, privatization of public enterprises was in the air. Before and during this period of neo-liberalism, and since the 2008 crisis, public enterprises were nonetheless created: they did what they were set up for and they frequently managed to get interesting results, as much on their public mission as regarding profitability. How is this possible? This book looks at public enterprises with new eyes.
What are the emerging insights? Those public enterprises evolved a lot during those years. Their governance has been adjusted: they now respond to all kind of stakeholders, they face independent regulators and did enter complex institutional arrangements. Further, they often transformed into conglomerates active in several activity sectors and/or expanded their geographical coverage. Being frequently large-sized, public enterprises are now able to compete on international markets, while continuing delivering important services to their home community. With fifteen case studies from Europe and the Americas, knowledge on public enterprises in the 21st century is updated.

Depuis plus de trente ans, ‘privatisation’ se lit et s’entend chaque jour. Pourtant, avant et pendant la période du néo-libéralisme, et depuis la crise de 2008, des entreprises publiques ont vu le jour, générant des résultats probants en termes de mission de service public et de rentabilité. Comment y sont-elles parvenues ? Cet ouvrage analyse les entreprises publiques avec un nouveau regard.
Que retenir de cette analyse ? Ces entreprises publiques ont fort évolué au cours de ces années. Leur gouvernance s’est ajustée vis-à-vis d’un contexte institutionnel complexe et face à diverses ‘parties prenantes’, dont les régulateurs indépendants. Elles sont fréquemment devenues des conglomérats actifs dans plusieurs domaines, ou bien se sont étendues géographiquement. Souvent de grande taille, elles sont alors capables d’être concurrentielles sur les marchés internationaux tout en offrant des services importants à leur collectivité d’origine. 15 études de cas d’Europe et d’Amérique sont proposées pour renforcer la connaissance des entreprises publiques au 21e siècle.

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CIRIEC activities, publications and researches are realized with the support of the Belgian Federal Government – Scientific Policy and with the support of the Government of the Belgian French Speaking Community – Scientific Research.

This publication has been peer-reviewed.

No part of this book may be reproduced in any form, by print, photocopy, microfilm or any other means, without prior written permission from the publisher. All rights reserved.


Éditions scientifiques internationales Brussels, 2015 1 avenue Maurice, B-1050 Bruxelles, Belgique ;

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