State-owned enterprises (SOEs) are major commercial entities, invariably larger than commonly realized, and typically more important in developing Asia and Pacific economies than in the advanced economies.
What is a state owned enterprise (SOE)?
State Owned Enterprises (SOEs) play a major role in many developing and emerging economies, where governments use them to achieve economic, social, and political objectives. SOEs deliver and Countries around the world are facing the need to build effective, accountable, and inclusive institutions.
Are state-owned enterprises still important in South Asia?
In South Asia, as in other regions of the world, state-owned enterprises (SOEs) remain important economic players despite a strong wave of privatizations in the 1990s and 2000s. SOEs in South Asia This section is a compilation of SOE corporate governance studies by country.
What are the best books on state-owned corporate governance?
World Bank. Robinett, D. (2006). Held by the Visible Hand: The Challenge of State-Owned Enterprise Corporate Governance for Emerging Markets. World Bank. Rudolph, H. P. (2009). State financial institutions : mandates, governance, and beyond. World Bank. Schiffbauer, M., Sy, A., Hussein, S., Sahnoun, H., & Keefer, P. (2014).
What are the challenges faced by state owned enterprises (SOEs)?
In many countries, State Owned Enterprises (SOEs) play an important role in economic growth and social development but face significant challenges including financial performance, service delivery and market discipline.
China's SOEs were valued at USD 29.2 trillion and employed 20.2 million people. See OECD, The Size and Sectoral Distribution of State-Owned Enterprises, (2017).
FIGURE 1 SOEs dominate in network and primary sectors (equity value, 2015). Source: OECD, The Size and Sectoral Distribution of State-Owned Enterprises, (2017). OECD Secretariat calculations based on questionnaire responses submitted by national authorities or other contributing institutions from a sample of 40 countries, excluding China.