Category: Business Articles
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What is State-Owned Enterprise (SOE)
Gordon, Jason. 2023. “State-Owned Enterprise – Explained.” The Business Professor. Retrieved from: https://thebusinessprofessor.com/en_US/business-governance/state-owned-enterprise-definition – This article is provided for Educational Purposes only – A state-owned enterprise (SOE) refers to a business enterprise that is owned and controlled by the government, whether wholly or partially. A state-owned enterprise runs commercial activities to generate money for the…
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State-Owned Enterprise Challenges and World Bank Group Reforms
– This article is provided for Educational Purposes only – Highlight This article presents why World Bank Group support for state-owned enterprise (SOE) reform matters, the pattern of Bank Group engagement, and a typology of major Bank Group support interventions. It assesses the contribution of the World Bank Group’s three main institutions to enhancing development…
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Study Case 4 – Pendulum Swings on Privatization in Bank Group State-Owned Enterprise Reform
– This article is provided for Educational Purposes only – World Bank Group state-owned enterprise (SOE) engagements in the 1980s stressed improving operational and financial performance by rationalizing the policy framework, improving governments’ management of their portfolios, reducing SOE fiscal expenditures and improving their revenues, and assisting SOEs to improve their financial and operational performance.…
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Study Case 3 – Financial Sector Assessment Programs’ Treatment of State-Owned Financial Institution Reform
– This article is provided for Educational Purposes only – In a stratified sample of 29 joint International Monetary Fund–World Bank Financial Sector Assessment Program (FSAP) reports, the Independent Evaluation Group found that 76 percent substantially discussed state-owned financial institutions and 66 percent made recommendations. Two-thirds focused on commercial banks, 24 percent on development banks, and 28 percent on…
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Study Case 2 – Three Perspectives on State-Owned Enterprises in the Literature
– This article is provided for Educational Purposes only – Agency view: There is a discrepancy between the objectives of managers (the agents) and of owners (the principals). Although governments may seek to maximize social welfare, their agents may lack the incentive to maximize the use of resources toward this end. Social view: Governments create state-owned…
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Study Case 1 – State-Owned Enterprises in the Response to the Coronavirus Pandemic
– This article is provided For Educational Purposes only – State-owned enterprises (SOEs) are an inviting channel for government responses to economic crises and natural disasters, given the degree of direct government control. The Independent Evaluation Group found such responses in the portfolio—for example, responding to the 2008 global financial crisis in part by using…