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E-grāmata: The Routledge Handbook of State-Owned Enterprises

Edited by (University of Ottawa, Canada), Edited by (University of Rouen, France), Edited by (University of Milan, Italy)
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State-owned enterprises make up roughly 10 percent of the world economy, yet they are woefully understudied. This handbook offers the first synthesis of the topic since the 1980s and offers a comprehensive reference for a generation.

The authors provide a detailed explanation of the theory that underpins the expansion of state-owned enterprises in the 21st century. Each chapter delivers an overview of current knowledge, as well as identifying issues and relevant debates for future research. The authors explain how state-owned enterprises are used in both developed and developing countries and offer an insight into complex and fascinating organizations such as the German municipal conglomerates or the multinational companies owned by states. New modes of governance and regulation have been invented to make sure they act in the public interest. This handbook brings together a wealth of international scholars, offering multiple theoretical perspectives to help shape a brave new world.

It will be of interest to teachers and students of Economics, Public Administration and Business, academics, established researchers and PhD students seeking rigorous literature reviews on specific aspects of SOEs, as well as practitioners and decision makers in international organizations.

Recenzijas

This refreshing handbook rethinks completely all aspects of state ownership of enterprises and financial firms and develops new theoretical approaches to understand their areas of action and their hybrid ownership structures. Well grounded in modern economic theory, the handbook provides critical approaches to the study of the state as an entrepreneur, financier and as an innovator. This handbook will become a key reference for scholars interested in economics, public policy, and public management. Aldo Musacchio, Professor, Brandeis University, Massachusetts, USA

Essential reading for scholars, policy-makers and the general public who want a handle on the core contemporary challenges facing State-Owned Enterprises today. Professor Judith Clifton, University of Cantabria and Visiting Scholar, University of Cambridge

This much-needed book from very well-known specialists in public and cooperative economics will spare you years of work to grasp what is new with the current structures and practice of state-owned enterprises (SOEs) in the 21st century. The authors discuss these matters from three complementary angles: historical, empirical and theoretical. In the current climate, no one should discard any new role for any type of SOE, before having read this timely and most welcome handbook. Jean-Michel Glachant, Loyola de Palacio Professor in European energy policy and Director, Florence School of Regulation (European University Institute)

Despite the modesty of its title, this Handbook is much more than a manual. It presents all the available data and thoroughly tackles the scientific analyses relating to state-owned enterprises, in all their fields of activity and across all continents, with accuracy and precision. From now on, this will be my go-to reference guide! Jacques Fournier, former secretary general of the French government, former president of the SNCF, author of Léconomie des besoins (2013)

List of figures
ix
List of tables
xi
List of contributors
xiii
Preface and acknowledgements xxii
Introduction 1(22)
Luc Bernier
Massimo Florio
Philippe Bance
PART I The scope of the phenomenon
23(84)
1 History of western state-owned enterprises: from the Industrial Revolution to the age of globalization
25(20)
Giuseppe Bognetti
2 Local public enterprises as providers of public services in European countries: shifts and dynamics
45(15)
Hellmut Wollmann
3 State-owned enterprises: rising, falling and returning? A brief overview
60(13)
Malcolm G. Bird
4 State-owned enterprises and the public mission: a multidimensional lens
73(18)
Maddalena Sorrentino
5 Varieties of state capitalism and reformed state-owned enterprises in the new millennium
91(16)
Stefano Clo
PART II Perspectives on history and geography
107(106)
6 Concepts of German Gemeinwirtschafislehre and the changed role of public enterprises
109(19)
Gabriel Obermann
Thomas Kostal
7 State-owned enterprise and privatisation: some lessons from the UK
128(17)
David Parker
8 On traits of legitimate internationally present state-owned enterprises
145(19)
Przemyslaw Kowalski
9 State-owned enterprises and industrial development in Latin America
164(15)
Francisco Castaneda
Diego Barria Traverso
Jean-Baptiste Carpentier
10 The Industrial policy role of European state-invested enterprises in the 21st century: continuity and change across phases of domestic and global transformation
179(22)
Roberto Cardinale
11 State-owned enterprises in contemporary China
201(12)
Wendy Leutert
PART III Approaches to the study of state-owned enterprises
213(124)
12 Economics of state-owned enterprises
215(24)
Talis J. Putnins
13 State-owned enterprises as institutional market actors: a gradual institutional change perspective on domestic SOEs in the marketization of public services
239(17)
Lene Tolstrup Christensen
14 Legal aspects of public enterprises: remarks based on a comparative study of French, European and American legislation
256(11)
Fabien Bottini
15 Don't get too excited: the structural limits of state-owned enterprises in capitalist economies
267(15)
David Mcdonald
16 Motivation and performance in state-owned enterprises
282(19)
Johan Willner
Sonja Gronblom
17 The politics of state-owned enterprises: the case of the rail sector
301(21)
Jane Lethbridge
18 Principals and agents: the relationship between governments and state-owned enterprises
322(15)
Sandra Van Thiel
Marieke Van Genugten
Bart Voorn
PART IV Financial dimensions of public ownership
337(94)
19 Public stock ownership
339(15)
Giacomo Corneo
20 Financialisation and the future for SOEs
354(18)
Ben Fine
Kate Bayliss
21 Sovereign wealth funds as international institutional investors: a re-evaluation
372(18)
Chen Meng
22 Contemporary development financial institutions in Europe
390(23)
Daniela Vandone
Marco Frigerio
Stefano Clo
23 State-owned enterprise hybrids
413(18)
Aidan Vining
Claude Laurin
PART V Issues about governance
431(100)
24 Corporate governance of state-owned enterprises: conceptualization, challenges and perspectives for the public corporate governance field
433(12)
Ulf Papenfub
25 Corporate governance in state-owned enterprises: the role of informal institutions
445(15)
Igor Postuta
Aleksandra Wasowska
26 Public accountability of state-owned enterprises: approaches and research trends
460(19)
Dorothea Greiling
Christina Schaefer
27 Utilities policy and reform: the changing relationship between citizens and SOEs
479(20)
Manto Lampropoulou
28 Vox populi, vox dei: state-owned enterprises in the court of public opinion
499(16)
Carole Rentsch
Fabian Liechti
Matthias Finger
29 State-owned organization strategy: at the interface of society and business
515(16)
Taieb Hafsi
PART VI The activities and performance of state-owned enterprises
531(54)
30 The performance of public enterprises
533(20)
Sergio Perelman
Pierre Pestieau
31 State-owned enterprises as policy tools
553(15)
Michael Howlett
M. Ramesh
32 (Re)municipalisation: a new era for ownership and control of local public service delivery?
568(17)
Daniel Albalate
Germa Bel
Eoin Peeves
PART VII State-owned enterprises and innovation: a new frontier
585(53)
33 Mission-oriented public organizations for knowledge creation
587(18)
Paolo Castelnovo
Massimo Florio
34 Reconsidering innovation in state-owned enterprises
605(13)
Matteo Landoni
35 The role of state-owned enterprises as drivers of innovation
618(20)
Maria Del Carmen Sanchez-Carreira
Xavier Vence
Oscar Rodil-Marzabal
Conclusion: where do we go now? 638(3)
Luc Bernier
Massimo Florio
Philippe Bance
Index 641
Luc Bernier is Jarislowsky Chair of Public Sector Management, Faculty of Social Sciences, University of Ottawa, Canada.

Massimo Florio is Professor of Public Economics at the University of Milan, Italy, and the President of the CIRIEC International Scientific Commission Public Enterprises/Public Services.

Philippe Bance is Professor of Economics at the University of the French Antilles and the President of the International Scientific Council of CIRIEC (International Centre of Research and Information of Public, Social and Cooperative Economy).