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Municipality-owned corporations

Tampere University
Area of focusSociety

Municipality-owned corporations (MOCs) are limited liability companies where one or more municipalities exercise a controlling interest. Since 2013, Finnish municipalities have been obliged to corporatize functions that operate on a competitive market. Due to this obligation and the conception that corporatization improves efficiency, the number of MOCs has risen over the past decade.  

The study of MOCs is situated between public and private law. Because MOCs are a relatively new phenomenon, our aim is to produce knowledge, among other things, of the special features of the corporations, of their relations to the controlling municipalities, and of the results of the obligation to incorporate. With our research, we want to improve understanding of the legal position of the MOCs, which we believe to be useful particularly for those who are in charge of corporate governance and corporate-related decision-making in municipalities.