The Business Performance of State Owned Enterprises in the EU Countries

Anto Bajo and Lana Zuber ()

Chapter 1 in Financije teorija i suvremena pitanja = Finance - theory and contemporary issues, 2018, vol. 1, pp 3-20 from Josip Juraj Strossmayer University of Osijek, Faculty of Economics

Abstract: A number of European countries have valuable financial assets that have the potential to generate revenue and reduce total government liabilities. The EU countries differ significantly by the amount of financial assets they hold in form of equities and shares in state-owned enterprises, as well as by the revenues they generate for their state budget. Croatia belongs to a group of countries with a high share of state-owned enterprises in their gross domestic product. Croatian public companies have accumulated significant losses during the past decade. They are scattered across almost all economic sectors and their contribution to budget revenues is extremely low, compared to the other post-transition countries such as Slovakia, Bulgaria or Poland.

Keywords: state-owned enterprises; financial asset; budget revenue (search for similar items in EconPapers)
JEL-codes: G32 G38 H42 L33 (search for similar items in EconPapers)
Date: 2018
ISBN: 978-953-253-150-3
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Persistent link: https://EconPapers.repec.org/RePEc:osi:chaptr:18-01

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