The successful management of a state-owned company : a case study of Gulf Petrochemical Industries Co. (GPIC)

@inproceedings{Sayed2000TheSM,
  title={The successful management of a state-owned company : a case study of Gulf Petrochemical Industries Co. (GPIC)},
  author={Mustafa Al Sayed},
  year={2000}
}
This study is based upon a detailed empirical investigation into the development of the petrochemical industries in the GCC1 region in general and on the transformation of Gulf Petrochemical Industries Company, Bahrain (GPIC) in particular. GPIC, a government owned company, faced serious financial difficulties arising from a crash in global market prices, impairing its ability to repay bank loans. In addition, the company was forced to employ a contract workforce at exhorbitant costs due to non… CONTINUE READING

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