Corporatization: meaning, definitions and examples
💼
corporatization
[ kɔːˌpɔːrətaɪˈzeɪʃ(ə)n ]
business management
The process of transforming a state-owned enterprise or organization into a corporation, typically by selling shares to private investors and restructuring its operations.
Synonyms
commercialization, incorporation, privatization
Examples of usage
- The corporatization of the telecommunications industry led to increased efficiency and competition.
- Corporatization often involves streamlining operations and implementing profit-driven strategies.
Translations
Translations of the word "corporatization" in other languages:
🇵🇹 corporativização
🇮🇳 निगमीकरण
🇩🇪 Korporatisierung
🇮🇩 korporatisasi
🇺🇦 корпоратизація
🇵🇱 korporatyzacja
🇯🇵 法人化 (ほうじんか)
🇫🇷 corporatisation
🇪🇸 corporatización
🇹🇷 kurumsallaşma
🇰🇷 법인화 (beobin화)
🇸🇦 التخصيص
🇨🇿 korporatizace
🇸🇰 korporatizácia
🇨🇳 公司化 (gōngsī huà)
🇸🇮 korporatizacija
🇮🇸 fyrirtækjavæðing
🇰🇿 корпоративтендіру
🇬🇪 კორპორატიზაცია
🇦🇿 korporatizasiya
🇲🇽 corporatización
Etymology
The term 'corporatization' originated in the late 20th century as governments around the world began to restructure their state-owned enterprises to operate more like private corporations. This shift was driven by the belief that introducing market principles into previously government-controlled entities would lead to greater efficiency and competitiveness. Corporatization has since become a common strategy in various industries, including telecommunications, transportation, and energy.
See also: incorporate.