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Preferred term

state-owned enterprises  

Definition

  • A state-owned enterprise (SOE) is a business owned or controlled by a national government. SOEs are a common instrument of government economic policy in both developed and developing countries, although concerns about their costs and performance relative to private firms have led to a worldwide privatization trend since the 1980s. [Source: Encyclopedia of Business in Today's World; State-Owned Enterprises]

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URI

https://concepts.sagepub.com/social-science/concept/state-owned_enterprises

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