Ghana : Corporatization of Distribution Concessions through Capitalization
This study looks at the potential for using employee stock ownership plans (ESOPs) as a means of allowing employees of state-owned enterprises to obtain an ownership stake in the privatization of electricity distribution concessions. Privatization...
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Language: | English en_US |
Published: |
Washington, DC
2014
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Online Access: | http://documents.worldbank.org/curated/en/2003/12/5782815/ghana-corporatization-distribution-concessions-through-capitalization http://hdl.handle.net/10986/20272 |
Summary: | This study looks at the potential for
using employee stock ownership plans (ESOPs) as a means of
allowing employees of state-owned enterprises to obtain an
ownership stake in the privatization of electricity
distribution concessions. Privatization programs worldwide
are increasingly including a focus on incorporating an
element of employee ownership in order to ensure that
ownership of the privatized enterprises will be shared
broadly by its workers, not just wealthy investors. This
study looks at the relevant international experience and
offers guidelines for introducing appropriate legal reforms
that could facilitate the implementation of employee
ownership as a key element of the government's
privatization strategy. |
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