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Global Encyclopedia of Public Administration, Public Policy, and Governance pp 1–7Cite as

State-owned Enterprise

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Synonyms

Crown corporations; Government business enterprises; Government-linked companies; Government-owned companies; Government-sponsored enterprises; Public corporations or Hybrid organization; Public enterprises; Public organizations; Public sector undertaking; State ownership of public utilities

Definition

The enterprises where the government has ownerships.

Introduction

State-owned enterprises (SOEs) represent a significant player with growing importance in the global and local economies nowadays. SOEs have different roles, from internationalization through foreign trade and investment, to promote economic development as part of national development strategies. The importance of SOEs in the global economy in recent years is increasing and mainly driven by the growth of emerging economies but also the impact of the global financial crisis on views on the role of the state in the economy.

State-Owned Enterprises’ Definitions from Different Perspectives (Governance, Accounting, and...

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Author information

Authors and Affiliations

  1. Department of Accounting and Audit, Babes-Bolyai University, Cluj-Napoca, Romania

    Adriana Tiron-Tudor

  2. Babes-Bolyai University, Cluj-Napoca, Romania

    Ioana Andreea Ciolomic

Authors
  1. Adriana Tiron-Tudor
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  2. Ioana Andreea Ciolomic
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Corresponding author

Correspondence to Adriana Tiron-Tudor .

Editor information

Editors and Affiliations

  1. Florida Atlantic University, Boca Raton, Florida, USA

    Ali Farazmand

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Tiron-Tudor, A., Ciolomic, I.A. (2018). State-owned Enterprise. In: Farazmand, A. (eds) Global Encyclopedia of Public Administration, Public Policy, and Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-31816-5_1686-1

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  • DOI: https://doi.org/10.1007/978-3-319-31816-5_1686-1

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-31816-5

  • Online ISBN: 978-3-319-31816-5

  • eBook Packages: Springer Reference Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences

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