Kenya State Corporations Review : Corporate Governance and Fiscal Risks of State Corporations
This report applies the new World Bank integrated State-Owned Enterprises Framework (iSOEF). It covers the overall landscape of the state-owned enterprises (SOEs) portfolio, including financial performance and risk analysis, and provides an analysi...
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| Language: | English |
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/undefined/723761634094500825/Kenya-State-Corporations-Review-Corporate-Governance-and-Fiscal-Risks-of-State-Corporations http://hdl.handle.net/10986/36436 |
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okr-10986-364362021-10-29T05:10:50Z Kenya State Corporations Review : Corporate Governance and Fiscal Risks of State Corporations Fiebelkorn, Andreas Owuor, Christine Nzioki, Diana PUBLIC EXPENDITURE REVIEW STATE-OWNED ENTERPRISES STATE CORPORATIONS CORPORATE GOVERNANCE ACCOUNTABILITY PUBLIC OVERSIGHT PERFORMANCE MANAGEMENT TRANSPARENCY This report applies the new World Bank integrated State-Owned Enterprises Framework (iSOEF). It covers the overall landscape of the state-owned enterprises (SOEs) portfolio, including financial performance and risk analysis, and provides an analysis based on two iSOEF modules capturing key aspects of SOEs, namely ‘Fiscal Implications of SOEs’, (iSOEF module two), which offers an assessment of the main fiscal costs and risks from the SOE sector in Kenya; and the underlying ‘Corporate Governance and Accountability Mechanisms’ (iSOEF module four). A particular focus was put on financial rather than operational performance and impact on household welfare (i.e., iSOEF module three: distributional impact of SOE reform). Since market-related adverse effects of Kenya’s State Corporations were assessed as part of the Kenya Systematic Country Diagnostic 2020, this report provides limited discussion of State Corporations’ role in the market (iSOEF module one) and only insofar it is relevant to the scope of this assessment. The report is organized in the following 5 sections: introduction, state corporations’ landscape in Kenya, fiscal relations with the government; corporate governance and accountability; and conclusion and recommendations. 2021-10-28T18:59:19Z 2021-10-28T18:59:19Z 2021-08 Report http://documents.worldbank.org/curated/undefined/723761634094500825/Kenya-State-Corporations-Review-Corporate-Governance-and-Fiscal-Risks-of-State-Corporations http://hdl.handle.net/10986/36436 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Public Expenditure Review Africa Africa Eastern and Southern (AFE) Kenya |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
PUBLIC EXPENDITURE REVIEW STATE-OWNED ENTERPRISES STATE CORPORATIONS CORPORATE GOVERNANCE ACCOUNTABILITY PUBLIC OVERSIGHT PERFORMANCE MANAGEMENT TRANSPARENCY |
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PUBLIC EXPENDITURE REVIEW STATE-OWNED ENTERPRISES STATE CORPORATIONS CORPORATE GOVERNANCE ACCOUNTABILITY PUBLIC OVERSIGHT PERFORMANCE MANAGEMENT TRANSPARENCY Fiebelkorn, Andreas Owuor, Christine Nzioki, Diana Kenya State Corporations Review : Corporate Governance and Fiscal Risks of State Corporations |
| geographic_facet |
Africa Africa Eastern and Southern (AFE) Kenya |
| description |
This report applies the new World
Bank integrated State-Owned Enterprises Framework (iSOEF).
It covers the overall landscape of the state-owned
enterprises (SOEs) portfolio, including financial
performance and risk analysis, and provides an analysis
based on two iSOEF modules capturing key aspects of SOEs,
namely ‘Fiscal Implications of SOEs’, (iSOEF module two),
which offers an assessment of the main fiscal costs and
risks from the SOE sector in Kenya; and the underlying
‘Corporate Governance and Accountability Mechanisms’ (iSOEF
module four). A particular focus was put on financial rather
than operational performance and impact on household welfare
(i.e., iSOEF module three: distributional impact of SOE
reform). Since market-related adverse effects of Kenya’s
State Corporations were assessed as part of the Kenya
Systematic Country Diagnostic 2020, this report provides
limited discussion of State Corporations’ role in the market
(iSOEF module one) and only insofar it is relevant to the
scope of this assessment. The report is organized in the
following 5 sections: introduction, state corporations’
landscape in Kenya, fiscal relations with the government;
corporate governance and accountability; and conclusion and recommendations. |
| format |
Report |
| author |
Fiebelkorn, Andreas Owuor, Christine Nzioki, Diana |
| author_facet |
Fiebelkorn, Andreas Owuor, Christine Nzioki, Diana |
| author_sort |
Fiebelkorn, Andreas |
| title |
Kenya State Corporations Review : Corporate Governance and Fiscal Risks of State Corporations |
| title_short |
Kenya State Corporations Review : Corporate Governance and Fiscal Risks of State Corporations |
| title_full |
Kenya State Corporations Review : Corporate Governance and Fiscal Risks of State Corporations |
| title_fullStr |
Kenya State Corporations Review : Corporate Governance and Fiscal Risks of State Corporations |
| title_full_unstemmed |
Kenya State Corporations Review : Corporate Governance and Fiscal Risks of State Corporations |
| title_sort |
kenya state corporations review : corporate governance and fiscal risks of state corporations |
| publisher |
World Bank, Washington, DC |
| publishDate |
2021 |
| url |
http://documents.worldbank.org/curated/undefined/723761634094500825/Kenya-State-Corporations-Review-Corporate-Governance-and-Fiscal-Risks-of-State-Corporations http://hdl.handle.net/10986/36436 |
| _version_ |
1764485245702242304 |