Corporatization: meaning, definitions and examples

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corporatization

 

[ kɔːˌpɔːrətaɪˈzeɪʃ(ə)n ]

Noun
Context #1 | Noun

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

Word origin

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.