04.02.2012 13:07
Ownership Steering, Prime Minister's Office
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OWNERSHIP STEERING

The objectives of the ownership policy are executed, among others, through ownership steering measures vis-à-vis the companies.

The main elements of ownership steering cover open and consistent owner behaviour, the proposition of responsible and skilled members to the companies’ Boards of Directors, the owner’s input to the companies’ management resources and commitment to management,, and the taking  into account of the owners’ and other interest groups’ interests. The owner’s main tools include independent preparation of owner strategy and development of corporate governance.

The key principles and practices governing state ownership steering are described in the Government resolution on ownership policy.

Duties relating to state ownership steering are handled in the Ownership Steering Department located in the Prime Minister’s Office. The department is responsible for state ownership steering in companies operating on market terms.

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