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State-Owned Enterprises

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Encyclopedia of Law and Economics

Abstract

This entry reviews the performance of state-owned enterprises (SOEs) in both developed and developing countries, comparing performance with private sector counterparts in the same or other jurisdictions and their own performance before and after privatization. It then reviews alternative privatization modalities, including voucher privatizations, management buyouts (MBOs), privatization through the sale of state property by direct sale or public offerings, and partial privatization. It then reviews alternative reform strategies, including management contracts, performance contracts, policies to increase competition in sectors dominated by state-owned enterprises, and public-private partnerships (PPPs).

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Author information

Authors and Affiliations

  1. University of Toronto, Toronto, ON, Canada

    Michael Trebilcock

Authors
  1. Michael Trebilcock
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Corresponding author

Correspondence to Michael Trebilcock .

Editor information

Editors and Affiliations

  1. MRE and University of Montpellier, Montpellier, France

    Alain Marciano

  2. Faculté d’Economie, Université de Montpellier and LAMETA-UMR CNRS, Montpellier, France

    Alain Marciano

  3. DiGSPES, University of Eastern Piedmont, Alessandria, Italy

    Giovanni Battista Ramello

  4. IEL, Torino, Italy

    Giovanni Battista Ramello

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Trebilcock, M. (2019). State-Owned Enterprises. In: Marciano, A., Ramello, G.B. (eds) Encyclopedia of Law and Economics. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-7753-2_457

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