To install click the Add extension button. That's it.

The source code for the WIKI 2 extension is being checked by specialists of the Mozilla Foundation, Google, and Apple. You could also do it yourself at any point in time.

How to transfigure the Wikipedia

Would you like Wikipedia to always look as professional and up-to-date? We have created a browser extension. It will enhance any encyclopedic page you visit with the magic of the WIKI 2 technology.

Try it — you can delete it anytime.

Install in 5 seconds
4,5
Kelly Slayton
Congratulations on this excellent venture… what a great idea!
Alexander Grigorievskiy
I use WIKI 2 every day and almost forgot how the original Wikipedia looks like.
Live Statistics
English Articles
Improved in 24 Hours
Added in 24 Hours
What we do. Every page goes through several hundred of perfecting techniques; in live mode. Quite the same Wikipedia. Just better.
Great Wikipedia has got greater.
.
Leo
Newton
Brights
Milds

State-sponsored bodies of the Republic of Ireland

From Wikipedia, the free encyclopedia

A Publicly-owned company is the name given in Ireland to a state-owned enterprise (a government-owned corporation), that is to say, a commercial business which is beneficially owned, either completely or majority, by the Irish Government. Each state-sponsored body has a sponsor Minister who acts as shareholder, either independently, or in conjunction with the Minister for Finance, who may also be a shareholder. State-sponsored bodies are often popularly called semi-state companies, a misnomer, since they are all (mostly) fully owned by the state, in addition not all of them are actually companies.

YouTube Encyclopedic

  • 1/3
    Views:
    255 388
    106 032
    2 334 532
  • The Éirinn Curtain: A History Of The Irish Border
  • Irish War of Independence - WW1 Veterans In A New Battle I THE GREAT WAR 1920
  • Ireland's Children of Shame (Church Scandal Documentary) | Real Stories

Transcription

Statutory corporations

State-sponsored bodies may be organised as statutory corporations, meaning that they are officially non-profit and do not formally have shareholders, but have a board or other authority appointed by the sponsor Minister. Corporations of this type include:

Statutory corporations are governed under the particular statute that they are established under, and are not subject to the provisions of the Companies Acts, though similar requirements are often stated in the statute. The statutory corporation form of governance has fallen out of favour recently, with it being seen as less transparent and less commercially free than the limited company (see below). It is planned that VHI will become a limited company in the near future. On 21 January 2006 The Irish Times reported that the ESB and BGE will also move to plc status, however, both companies remained in government hands and never went to plc status. Under the draft Broadcasting Bill 2006 RTÉ and Telefís na Gaeilge would have become companies limited by guarantee, however the final Broadcasting Act 2009 retained their statutory corporation status.

Companies with the Government as shareholder

Others may be organised as public limited companies or private limited companies. These are incorporated with the Companies Registration Office (Ireland) as companies, but their sole (or sometimes majority) shareholder is their sponsor minister. Some of these are exempt from the requirement to carry limited, teoranta, plc, or cpt as part of their company name. State-sponsored bodies incorporated in this fashion are, unlike their statutory corporation peers, subject to the provisions of the Companies' Acts. They have issued share capital, a board of directors, and all the other features of the type of company they are incorporated as.

In the case of bank shareholdings, these are the results of recapitalisation during the Irish banking crisis, and are all intended to be sold in time[1][circular reference]

Examples include:

Department of Agriculture, Food and the Marine

Department of Communications, Energy and Natural Resources

Department of Finance

Department of Transport, Tourism and Sport

Prominent subsidiaries of state-sponsored bodies

Companies which are subsidiaries of state-sponsored bodies, but which enjoy a separate identity and legal existence, include:

Subsidiaries of Córas Iompair Éireann:

Subsidiaries of Dublin Airport Authority:

Subsidiaries of An Post

Subsidiaries of Raidió Teilifís Éireann:

Subsidiary of Horse Racing Ireland

Privatisations

Like many countries with extensive state owned sectors, the Irish Government has embarked on a programme of privatisations in recent years. Privatisations have always been controversial in Ireland. In 1991 the chief executive of Greencore was forced to resign immediately prior to the company's flotation when it was discovered he was a shareholder in a company which had been purchased by Irish Sugar prior to its flotation. However it was after the drop in the Eircom share price following the company's flotation that many became opposed to future privatisations.

List of privatised state-sponsored bodies

See also

References

  1. ^ Post-2008 Irish banking crisis
  2. ^ "State's Shareholding in Banks".
This page was last edited on 8 January 2024, at 16:31
Basis of this page is in Wikipedia. Text is available under the CC BY-SA 3.0 Unported License. Non-text media are available under their specified licenses. Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc. WIKI 2 is an independent company and has no affiliation with Wikimedia Foundation.
Contact WIKI 2
Introduction
Terms of Service
Privacy Policy