The transfer to public shareholding corporations to private enterprises is

The transfer of public shareholding corporations to private enterprises is called privatization. This is a process whereby the ownership and control of state-owned enterprises, such as utilities, transport companies, and communication systems, are transferred to private entities. The aim of privatization is to increase efficiency, reduce government bureaucracy, and encourage private sector investment. Through privatization, public enterprises are sold to private investors who assume full control of the company. This allows private investors to manage the company in a way that maximizes profits and reduces costs. By doing so, the new private owners can often provide better services and products to consumers, improve productivity, and contribute to economic growth. Overall, privatization is seen as a way to promote economic development and improve the competitiveness of a country's economy.