Beyond the Local Economy

Nga Pham () and Kok-Boon Oh ()
Additional contact information
Nga Pham: Monash University
Kok-Boon Oh: eGalaxy Solutions

Chapter Chapter 3 in State on Board!, 2021, pp 49-64 from Springer

Abstract: Abstract The last two decades witnessed the rise of state-owned multinationals from emerging markets. These multinationals have become essential links in the global value chain. This chapter discusses how SOE’s economic power and influence has expanded beyond their local economies. SOEs from capital-abundant countries such as China have been proactive in exploring business opportunities in overseas markets. SOEs are building an upstream global supply chain through outward FDI and M&A activities, in many cases, with the support of the governments.

Keywords: SOEs; Corporate governance; Emerging markets; Vietnam; China; State-owned multinationals (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-3525-0_3

Ordering information: This item can be ordered from
http://www.springer.com/9789811635250

DOI: 10.1007/978-981-16-3525-0_3

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().