corporatisation
Making state-run commercial
Corporatisation is the process of restructuring a government agency or public institution to operate like a private corporation—with profit targets, business accounting practices, and competitive market behavior—while remaining publicly owned.
The term often carries critical connotations, suggesting that public services are being run for efficiency metrics rather than public good: Critics blame corporatisation for rising university tuition.
Also spelled corporatization.
Removing governmental business restrictions
- liberalizationReducing state economic controls
- commercializationProfit-driven market introduction
- divestitureDisposal of assets
- outsourcingThird-party task delegation
nationalization · public-to-private · state-owned · privatized · restructuring · efficiency · competition · free-market
Impartial treatment or ownership value
- capitalWealth used for investment
- sharesUnits of company ownership
- stocksOwnership stakes or inventory
- IPOFirst public stock offering
securities · dividends · assets · funding · underwriting · capitalization · bonds · portfolio
Of lesser importance
- conglomerateCorporation spanning many industries
- mergerCorporate combination
- acquisitionAct of obtaining something
- consolidationCombining into unified whole
divisions · departments · centralization · decentralization · matrix · siloing · framework · reorganization
Ranked authority structure
- bureaucracyRigid administrative system
- boardFlat rigid panel
- shareholdersOwners of company stock
- stakeholdersThose with investment in outcome
accountability · compliance · oversight · transparency · audit · fiduciary · executive · management
Establishing occupational standards formally
- brandingCreating distinctive identity
- KPIsMeasurable performance benchmarks
- metricsStandards for assessment
- benchmarkingMeasuring against top performers
synergy · scalability · downsizing · streamlining · managerialism · bureaucratization · depersonalization · standardization
deregulation
Removing governmental business restrictions
- liberalizationReducing state economic controls
- commercializationProfit-driven market introduction
- divestitureDisposal of assets
outsourcing · nationalization · public-to-private · state-owned · privatized · restructuring · efficiency · competition · free-market · neoliberalism
equity
Impartial treatment or ownership value
- capitalWealth used for investment
- sharesUnits of company ownership
- stocksOwnership stakes or inventory
IPO · securities · dividends · assets · funding · underwriting · capitalization · bonds · portfolio · valuation
subsidiary
Of lesser importance
- conglomerateCorporation spanning many industries
- mergerCorporate combination
- acquisitionAct of obtaining something
consolidation · divisions · departments · centralization · decentralization · matrix · siloing · framework · reorganization · spin-off
hierarchy
Ranked authority structure
- bureaucracyRigid administrative system
- boardFlat rigid panel
- shareholdersOwners of company stock
stakeholders · accountability · compliance · oversight · transparency · audit · fiduciary · executive · management · directors
professionalization
Establishing occupational standards formally
- brandingCreating distinctive identity
- KPIsMeasurable performance benchmarks
- metricsStandards for assessment
benchmarking · synergy · scalability · downsizing · streamlining · managerialism · bureaucratization · depersonalization · standardization · uniformity
corporatisationnationalisation
State acquisition of industry
nationalization · state ownership · public ownership · government takeover · common ownership
corporatisationdecentralization
Distributing power from center
fragmentation · localization · cottage industry · sole proprietorship
corporatize, corporatization, corporate, corporately, corporation, corporations, corporatism, corporatist, corporeal