State-owned companies manage strategic resources and provide essential public services with a major impact on the economy and the public budget. Their performance is often affected by poor governance, political intervention and lack of transparency, and when they operate inefficiently, the costs are paid by society as a whole.
The volume WASTING PUBLIC MONEY! THE LOSSES RECORDED BY STATE CAPITAL COMPANIES (IROSIREA BANULUI PUBLIC! PIERDERILE ÎNREGISTRATE DE COMPANIILE CU CAPITAL DE STAT) addresses key subjects such as the role of the state as shareholder, the functioning of boards of directors, management selection, control mechanisms, while presenting the causes of the dysfunctional state-owned companies and demonstrating that the problem is not public ownership, but the way it is managed. Without advocating ideological solutions, the paper argues the need for pragmatic, results-oriented reform in the public interest.
Based on solid analysis and relevant case studies, the volume proposes a paradigm shift: from political control to modern governance, from chronic waste to measurable performance. It is useful reading for decision makers, leaders and all those interested in better public services and a state that respects its citizens.