January 1994 byFilipino-Chinese entrepreneur Henry Sy to develop‚ conduct‚ operate and maintain SM commercial shopping centers and all businesses related thereto‚ such as the lease of commercial spaces in the compound of shopping centers. It went public on 5 July 1994 and subsequently grew to become the largest company listed on the Philippine Stock Exchange in terms of revenue. The company’s main sources of revenues include rental income from mall and food courts‚ cinema ticket sales and amusement
Premium Metro Manila Shopping mall
New public management (NPM) changes the focus of public servants from administration to management. Traditional Public Administration (TPA) takes the view that managers have a more policy-making focus. This management style is as much‚ if not more concerned‚ with how goals are accomplished then the goal itself. Thus management is concerned with making sure that policies are in place to ensure that processes are in compliance with government regulations‚ are fair and equitable‚ have the public
Free Public administration Management Governance
Access to Capital A public offering of stock can vary from $500‚000 to over $1 billion. In 1999‚ 544 companies completed an IPO(Initial Public Offering). The total capital raised from these offerings was $23.6 billion. By offering stock for sale to the public a company can access a substantial source of corporate funding. If a company needs to raise capital‚ it can sell stock(equity) or it can it issue bonds(debt securities). An initial equity offering can bring immediate proceeds to a company
Premium Initial public offering Public company Stock market
Public-private Partnerships INTRODUCTION: During the past few years‚ the Province of New Brunswick has entered into several public-private partnership projects. It was one of the first provincial governments to embark on such endeavors and has been able to develop “best practices” to be applied to public-private partnership projects. This document contains guidelines for public-private partnerships reflecting these best practices. DEFINITIONS: Agreement between government and the
Premium Private sector Public–private partnership
Initial public offering (IPO): An initial public offering (IPO) is a type of public offering where shares of stock in a company are sold to the general public‚ on a securities exchange‚ for the first time. Through this process‚ a private company transforms into a public company. Initial public offerings are used by companies to raise expansion capital‚ to possibly monetize the investments of early private investors‚ and to become publicly traded enterprises. A company selling shares is never required
Premium Initial public offering Underwriting Public company
An IPO is the first public sale of a company’s stock. The shares are sold on a securities exchange‚ and as a result‚ a private company becomes a public company. This dissertation will examine the reasons for using an IPO and some of the advantages and disadvantages of an IPO. It will also examine the procedure that is undertaken to execute the IPO. Lastly‚ Facebook’s recent IPO will be used to help delineate some of the concepts of an IPO. A company uses an IPO because once its stock is listed
Premium Initial public offering Stock market Underwriting
Public broadcasting is defined as broadcasting that is controlled and financed by the public for the public. There is no government or commercial institutions directing and influencing programming content so as to influence the public. It is therefore free from political influence and commercial pressure. (UNESCO) A “Public Broadcaster Services” (“PBS”) has the role of broadcasting in the interest of the public. The SABC in South Africa owns fifteen PBS radio stations of which eleven of its PBS
Premium Broadcasting Public broadcasting Commercial broadcasting
Public-Private Partnerships(PPP): A Reality Check and the Limits of Principal Agent Theory Arie Halachmi‚ PhD 2011-2011 Distinguished Fulbright Professor Abstract Can partnership and contracting out of the production and delivery of what used to be performed by government improve public sector productivity? However‚ the reality does not always follow the theory. Using an actual case study and a Principal Agent Theory the paper explores and articulates possible limitations of Principal
Premium Public administration Bus Public–private partnership
What is public health? What makes a good public health practitioner? Word count: 658 The health of an individual is highly determined by the health of the population in defined settings. Therefore‚ we should widen our vision to go beyond the individual level and incorporate the health of the population i.e. public health. Public health is more about collective actions and implies the science and the art of enabling‚ and organizing the community so as to prevent disease‚ prolong life and promote
Premium Health care Health economics Public health
------------------------------------------------- Public Private Partnerships Strategic Finance Assignment 1) What are Public Private Partnerships? A public–private partnership (PPP) is a government service or private business venture which is funded and operated through a partnership of government and one or more private sector companies. Public Private Partnership is an arrangement between a government / statutory entity / government owned entity on one side and a private sector entity on the other‚ for the provision of public assets
Premium Private sector Public–private partnership Government