Posts Tagged ‘SOEs’

Like Solid Energy, hubris behind Landcorp’s predicament

Written By: - Date published: 2:22 pm, August 22nd, 2015 - 55 comments

Solid Energy was this month placed in Voluntary Administration following its financial collapse. Landcorp may not be in quite the same pit as the coal miner, but negative cash-flow and rising debt likely mean it has breached banking covenants. It may be forced to sell good assets at the bottom of the market. Simon Louisson questions why?

NRT: The problem of SOEs

Written By: - Date published: 3:36 pm, June 20th, 2013 - 7 comments

A second repost (with thanks) from I/S at No Right Turn. This time on SOEs.

Farrar joins call for SOE reform

Written By: - Date published: 7:00 am, December 24th, 2010 - 95 comments

Say you run a large company. Say the manager of a division in your company chose do a deal that improves the division’s own profitability instead of one that would have made the division less profitable but the company as a whole more profitable. You would be angry. So why are the people who run our SOEs required to act like that?

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