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A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway).[1] They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives.[2][3]
- ^ "State-Owned Enterprises Catalysts for public value creation?" (PDF). PwC. Retrieved 16 January 2018.
- ^ Shepelev, Denis Viktorovich; Shepeleva, Dina Viktorovna (2018). "LEGAL ASPECTS OF PROFIT MAKING BY STATE-OWNED ENTERPRISES". Current Issues of the State and Law. 2 (5): 47–55. doi:10.20310/2587-9340-2018-2-5-47-55. ISSN 2587-9340.
- ^ Profiles of Existing Government Corporations, pp. 1–16