What does corporatization mean?

Definitions for corporatization
cor·po·ra·ti·za·tion

This dictionary definitions page includes all the possible meanings, example usage and translations of the word corporatization.

Wiktionary

  1. corporatizationnoun

    The privatization of a publicly-owned organization

  2. corporatizationnoun

    The imposition of corporate values or practices; commercialization

Wikipedia

  1. Corporatization

    Corporatization is the process of transforming and restructuring state assets, government agencies, public organizations, or municipal organizations into corporations. It involves the adoption and application of business management practices and the separation of ownership from management through the creation of a joint-stock or shareholding structure for the organization. The result of corporatization is the creation of state-owned corporations (or corporations at other government levels, such as municipally owned corporations) where the government retains a majority ownership of the corporation's stock. Corporatization is undertaken to improve efficiency of an organization, to commercialize its operations, to introduce corporate and business management techniques to public functions, or as a precursor to partial or full privatization.

Wikidata

  1. Corporatization

    Corporatization is the process of transforming state assets, government agencies or municipal organizations into corporations. It refers to a restructuring of government and public organizations into joint-stock, publicly listed companies in order to introduce corporate and business management techniques to their administration. The result of corporatization is the creation of state-owned corporations where the government retains a majority ownership of the corporation's stock. However, in many cases, corporatization is a precursor to partial or full privatization, which involves a process where formerly public functions and public enterprises are sold to private business entities by listing their shares on publicly traded stock exchanges. Corporatization of state enterprises and collectively owned enterprises was a major component of the economic restructuring program of the People's Republic of China. China's contemporary "socialist market economy" is based on a corporatized state sector where state companies are owned by the central government but managed in a semi-autonomous fashion. In contrast, the term may also refer to the construction of state corporatism, where state-owned corporations are created and delegated public social tasks resembling Corporate nationalism as an alternative to ptivatization. Corporatization can also refer to non-corporate entities like universities or hospitals becoming corporations, or taking up management structures or other features and behaviors employed by corporations.

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Numerology

  1. Chaldean Numerology

    The numerical value of corporatization in Chaldean Numerology is: 6

  2. Pythagorean Numerology

    The numerical value of corporatization in Pythagorean Numerology is: 2

Examples of corporatization in a Sentence

  1. Gary Morgenthaler:

    It's a little bit of a protest against the corporatization, i don't forget, but I've been made to forget.

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Translations for corporatization

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"corporatization." Definitions.net. STANDS4 LLC, 2024. Web. 13 Dec. 2024. <https://www.definitions.net/definition/corporatization>.

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