 Italy: IRI and OthersAnjali Kumar
Chapter 3 in State Holding Companies and Public Enterprises in Transition, 1993, pp 60-109 from Palgrave Macmillan Abstract: Abstract Public enterprises in Italy occupy a major role in the economy accounting for around 15 per cent of the non-agricultural labor force, 20 per cent of value added and 25 per cent of fixed investments.1 Almost half of Italy’s fifty largest companies, in terms of turnover, are state owned. Apart from certain public utilities, such as electricity, where public ownership or control is prevalent in many countries, the Italian public sector controls around 70 per cent of banking and has a major presence in many industries and services (telecommunication, air and sea transport and highways, for example). A large number of these public enterprises had however been organized as private joint-stock or limited liability corporations, in which the government held the controlling interest (imprese a partecipazione statale), through three principal state-owned holding companies (SHCs) IRI (Istituto per la ricostruzione industriale), ENI (Ente nazionale idrocarburi), and EFIM (Ente partecipazioni e finanziamento industria manufatturiera). Keywords: Stock Exchange; Operating Company; Public Enterprise; State Holding; Steel Sector (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-23010-5_3 Ordering information: This item can be ordered from DOI: 10.1007/978-1-349-23010-5_3 Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.