 Do state-owned enterprises behave like public or private entities when they go abroad?Judith Clifton and Daniel Díaz-Fuentes Chapter 7 in Research Handbook on Privatisation, 2025, pp 140-157 from Edward Elgar Publishing Abstract: Although it is often assumed multinational enterprises (MNEs) are predominantly privately-owned, state-owned enterprises (SOEs) today occupy a formidable presence in this world. Indeed, state-owned multinational enterprises (SOMNEs) make up around 15 percent of the world's largest non-financial MNEs, often, operating in key strategic sectors. However, little is known about why SOEs internationalise and how they behave once abroad. Whilst some scholars have claimed SOMNEs tend to behave as their private MNE counterparts, other scholars state SOMNEs transfer their “public mission” abroad. At the interface of political economy, public administration and international business, research on SOMNEs and how they behave abroad is only just emerging. This chapter presents a novel, multi-dimensional framework that can be used to compare the behavior of SOEs and private enterprises abroad to assess to what extent SOMNEs emulate, or not, their private counterparts. It then briefly showcases the framework's application to compare two SOMNEs with their private enterprises before concluding. Keywords: Multinational enterprises; State-owned enterprises; State-owned multinational enterprises; SOE performance (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:22219_7 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Chapters from Edward Elgar Publishing |
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