1. It is difficult to define clearly the public enterprise because it has a variety of concept. In a word, the extent and managing standard of public enterprise depend upon the economical and social need of a state and a public organization. And the g...
1. It is difficult to define clearly the public enterprise because it has a variety of concept. In a word, the extent and managing standard of public enterprise depend upon the economical and social need of a state and a public organization. And the general features of public enterprise are dealt with as follows:
A. The characteristics of public enterprise in public administration.
B. The difference between public and private enterprises.
C. The difference between public enterprises and cooperation.
2. The function of public enterprise in advanced countries plays a role to accelerate the economic development. Governments require economic ways and development of organization so that their development plan will be performed by the role. One of the available ways for the government in the performance of economic plans is the investment policy of public enterprise.
3. The investment theory is still regarded as discontented one in the growth theory of a highly advanced economy; investment is a changeable and unpredictable variation in the development process. Scholars have their own approach differently to the theory according to given economical and social circumstances. And investment criteria of scholars is considered in this study.
4. It is highly valued that investment of public enterprises plays a role in economic development at the side of theory but it is pointed also that it leaves various problems at the side of practice.
5. This study presents that management of public enterprises hold still many problems but it will play a leading role in economic development if a rational system and efficient management be provided.