Full metadata record
DC FieldValueLanguage
dc.contributorDepartment of Managementen_US
dc.creatorLam, Chi-wan-
dc.identifier.urihttps://theses.lib.polyu.edu.hk/handle/200/1620-
dc.languageEnglishen_US
dc.publisherHong Kong Polytechnic University-
dc.rightsAll rights reserveden_US
dc.titleCorporate governance analysis of post-privatized MTRCLen_US
dcterms.abstractMTR Corporation Limited (MTRCL) is considered as one of the major government-owned enterprises which has been profitable since its inception. After the listing of MTRCL in October 2000, it was the first ever privatization exercise of government-owned enterprise in Hong Kong history. The experience obtained during the course of the preparation and post privatization would become a precious reference for any future similar moves. The effectiveness of the post-privatized MTRCL governance is expected to have improved, at least, in terms of independency in governmental control. MTRCL is then supposed to be performing as a commercial company who considers the profitability as the only consideration in all decision-making processes. However, several incidents have happened to the MTRCL that raises the concern if this expectation prevails. A brief outline of the MTRCL's history and the governance aspects comparison are presented. Then, the major incidents, which are considered being the obvious examples of government's intervention to MTRCL governance, are described so as to demonstrate that the concern does exist. The concept of governance chains and grabbing hands, which was just published recently by the World Bank, is introduced and used as a benchmark in reviewing the post-privatized MTRCL governance conditions. This cross checking exercise would be able to provide a comprehensive picture about the MTRCL's different governance perspectives. Those factors, which are considered contributing to the ineffective governance, would be revealed accordingly.en_US
dcterms.extentv, 28 leaves : ill. ; 30 cmen_US
dcterms.isPartOfPolyU Electronic Thesesen_US
dcterms.issued2002en_US
dcterms.educationalLevelAll Masteren_US
dcterms.educationalLevelM.B.A.en_US
dcterms.LCSHHong Kong Polytechnic University -- Dissertationsen_US
dcterms.LCSHMass Transit Railway Corporation -- Managementen_US
dcterms.LCSHCorporate governance -- China -- Hong Kongen_US
dcterms.accessRightsrestricted accessen_US

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Please use this identifier to cite or link to this item: https://theses.lib.polyu.edu.hk/handle/200/1620