federal public enterprises

E877409

Federal public enterprises are government-owned companies operating at the national level that provide public services or manage state assets while being subject to public oversight and audit.

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Statements (50)

Predicate Object
instanceOf state-owned enterprise category
type of public sector organization
accountableTo line ministries
ministry of finance NERFINISHED
parliament
fundingSource borrowing on capital markets
state budget transfers
user fees
hasCharacteristic government-owned
manage state assets
may also be subject to private company law
may be partially corporatized
may be partially privatized
may pursue commercial objectives
may receive public subsidies
often have boards appointed by government
often have social policy obligations
often operate in strategic sectors
often required to ensure continuity of essential services
provide public services
publicly controlled
separate legal personality from the state
subject to public audit
subject to public oversight
subject to specific public law regulations
mayBeOrganizedAs government-owned company limited by shares
public corporation
statutory corporation
objective deliver public services efficiently
manage strategic national assets
protect public interest
support economic development
operatesAtLevel federal level
ownedBy central government
federal state
regulatedBy national legislation
public finance law
state-owned enterprise governance codes
sector energy
financial services
natural resources management
postal services
public utilities
telecommunications
transportation
subjectTo budgetary control
competition law
parliamentary oversight
public procurement rules
supreme audit institution review

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Federal Court of Audit sectorAudited federal public enterprises