"King Louis Emunne Thermopalis Gernaldi | Saturday, April 19, 2014 - 04:45 am Currently most of the corps in my country are state own. They are all profitable and doing well. But i was wondering if they could do better if they were public corps. So can someone give me a detailed description of the pros and cons of both state and public corps and which one you think is best |
Volvo | Sunday, April 20, 2014 - 02:02 am Hi, KLETG: My experience in my country is only profitable State corps. should turn to public. Country Controlled Public Corporations are very sensible to the markets upside downs. For example: I have one Luxury goods Country Controlled and its not profitable; but I have plastics corporations that its very profitable. Sorry for my English and hope you can take the right decisions for your country. Regards. |
maclean | Sunday, April 20, 2014 - 09:36 am I run my state corps almost exclusively, but that is because I have time to micro-manage them for greater profit. I have noticed that going public can often raise the profits; however, you will not be able to pay off any loans that accrue once they are public corps. Thus, it is far more labor intensive to manage them for max profit, since you have to be sure and never sell them more supplies than they have money in cash at the time. (this is assuming you retain control of the corp). If you turn loose of the corp and only keep enough stock so that you do not control it, that may be different, because then someome else (whoever has the controlling interest in the corp) has the job of running it. You have no control over whether they will take good care of it, or run it into the ground, or abandon it when they quit the game (if they quit). Now that that is clear as mud, someone with more experience in this line, give your advice. I would like to know the theory and intricacies behind this as well. |
alvinpriersa | Wednesday, June 8, 2016 - 06:25 am How about state corp and national corp? What decision is the best to choose between state and national? |