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Collective ownership is the ownership of private or personal property [1] by all members of a group. [2] [3] The breadth or narrowness of the group can range from a whole society to a set of coworkers in a particular enterprise (such as one collective farm).
United States enterprise law is the body of law concerning networks, platforms, utilities, public services (also NPU law) and the regulation of other enterprises or business entities. It is based on federal statutes, state statutes, and case law, that seek to guarantee human rights, particularly economic and social rights .
Enterprise governance is defined as 'the set of responsibilities and practices exercised by the board and executive management to provide strategic direction, ensure that objectives are achieved, ascertain that risks are managed appropriately and verify that the organization's resources are used responsibly,' according to CIMA Official Terminology. [8]
A public–private partnership (PPP, 3P, or P3) is a long-term arrangement between a government and private sector institutions. [1] [2] Typically, it involves private capital financing government projects and services up-front, and then drawing revenues from taxpayers and/or users for profit over the course of the PPP contract. [3]
In 1961, Murray Rothbard wrote: "Any reduction of the public sector, any shift of activities from the public to the private sphere, is a net moral and economic gain." [ 4 ] American libertarians and anarcho-capitalists have also argued that the system by which the public sector is funded, namely taxation, is itself coercive and unjust . [ 5 ]
States legally regulate the private sector. Businesses operating within a country must comply with the laws in that country. In some cases, usually involving multinational corporations that can pick and choose their suppliers and locations based on their perception of the regulatory environment, local state regulations have resulted in uneven practices within one company.
Governance is the overall complex system or framework of processes, functions, structures, rules, laws and norms born out of the relationships, interactions, power dynamics and communication within an organized group of individuals. It sets the boundaries of acceptable conduct and practices of different actors of the group and controls their ...
The name “public social private partnership” (PSPP) is a development of Public Private Partnership (PPP).. PPP is one expression of a strong trend towards (re)privatisation, which in some European countries has arisen as a result of more difficult economic conditions in recent years and the associated structural crisis in the public sector (see Eschenbach, Müller, Gabriel: 1993).