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Corporatization - Meaning, Definition & English Examples

Corporatization is the process of transforming a state-owned or public entity into a corporation with independent management, often to improve efficiency and profitability through market-oriented practices.

corporatization

/ˌkɔːr.pər.ə.təˈzeɪ.ʃən/ /ˌkɔː.pər.ə.taɪˈzeɪ.ʃən/

Definition:

The process of transforming state-owned entities into corporations or private enterprises.

Synonyms:

privatization, commercialization, marketization

Part of Speech:

noun

Antonyms:

nationalization, socialization

Common Collocations:

government corporatization, corporate culture, public sector reform

Derivatives:

corporatize, corporatized, corporatizing

Usage Tips:

Use "corporatization" when discussing the shift from public to private ownership in business or government sectors.

Common Phrases:

corporate takeover, profit-driven model, state-owned enterprise reform

Etymology:

Derived from "corporate," with roots in Latin "corpus" (body), and the suffix "-ization" indicating a process or action.

Examples:

  • 1. The government announced the corporatization of the railway system last year.
  • 2. Many employees feared job losses after the company's corporatization plan was revealed.
  • 3. Corporatization often leads to increased efficiency but reduced public control over services.
  • 4. Critics argue that corporatization prioritizes profits over social welfare programs.

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