Good practice and Private sector: Difference between pages

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Commercial or professional procedures that are accepted as being appropriate or effective.
The private sector is the part of the economy which:


Good practice principles are often documented in formal codes of practice.
*Is not owned or controlled by the government; and
*Consists of organisations established to make a profit.


Examples include the FX Global Code, setting out good practice principles for foreign exchange market participants, and the UK Corporate Governance Code (for larger UK companies).


The private sector includes both private equity and 'public' companies.


==See also==


* [[Code of practice]]
* [[FX Global Code]]
* [[Truncation]]
* [[UK Corporate Governance Code]]


[[Category:Accounting,_tax_and_regulation]]
== See also ==
[[Category:Compliance_and_audit]]
* [[Charitable status]]
* [[Mutual]]
* [[Not-for-profit]]
* [[Private equity]]
* [[Profit]]
* [[Public company]]
* [[Sector]]
* [[Taking private]]
* [[Third sector]]

Revision as of 12:16, 1 March 2018

The private sector is the part of the economy which:

  • Is not owned or controlled by the government; and
  • Consists of organisations established to make a profit.


The private sector includes both private equity and 'public' companies.


See also