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The governance of State-owned Enterprises (SOEs) operating under monopoly situation

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  • Pierre BAUBY

    (Institut d’Etudes Politiques (Sciences Po) Paris, Researcher and Professor of Political Science. Chairman of Reconstruire l’action publique (RAP), Director of Observatoire de l’action publique of Fondation Jean-Jaurès (France))

Abstract

This paper aims to treat specific issues about the governance of State-owned Enterprises (SOEs) operating under monopoly situations, in particular the link between regulation, evaluation, control and modernisation of such enterprises. The survey of the literature reveals a lot of studies on some of these topics, but very few on the link between them and such SOEs’. The paper addresses in particular the asymmetries of information and expertise between public authorities and SOEs; the strategic role of the State in the EU context, rights and duties of public authorities; how to minimize asymmetries of information between monopoly situations and public authorities; what type of regulatory bodies can be set up; how to implement evaluation both of “regulation†and of the economic and social efficiency of each State-owned Enterprise (SOE); why and how to involve stakeholders’ participation.

Suggested Citation

  • Pierre BAUBY, 2019. "The governance of State-owned Enterprises (SOEs) operating under monopoly situation," CIRIEC Working Papers 1931, CIRIEC - Université de Liège.
    • Handle: RePEc:crc:wpaper:1931
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    File URL: https://www.ciriec.uliege.be/repec/WP19-31.pdf
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    References listed on IDEAS

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    3. N. Gregory Mankiw, 1998. "Teaching the Principles of Economics," Eastern Economic Journal, Eastern Economic Association, vol. 24(4), pages 519-524, Fall.
    4. Filippo Belloc, 2014. "Innovation in State-Owned Enterprises: Reconsidering the Conventional Wisdom," Journal of Economic Issues, Taylor & Francis Journals, vol. 48(3), pages 821-848.
    5. Piret TONURIST & Erkki KARO, 2016. "State Owned Enterprises As Instruments Of Innovation Policy," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 87(4), pages 623-648, December.
    6. Philippe Bance, 2015. "L'internalisation des des missions d'intérêt général par les organisations publiques. Réalités d'aujourd'hui et perspectives," Post-Print halshs-01964960, HAL.
    7. Jean-Jacques Laffont & Jean Tirole, 1993. "A Theory of Incentives in Procurement and Regulation," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262121743, December.
    8. Carole RENTSCH & Matthias FINGER, 2015. "Yes, No, Maybe: The Ambiguous Relationships Between State-Owned Enterprises And The State," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 86(4), pages 617-640, December.
    9. Vagliasindi, Maria, 2008. "Governance arrangements for state owned enterprises," Policy Research Working Paper Series 4542, The World Bank.
    10. Florio, Massimo, 2013. "Network Industries and Social Welfare: The Experiment that Reshuffled European Utilities," OUP Catalogue, Oxford University Press, number 9780199674855.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Andrea ZATTI, 2021. "Public-Owned Enterprises (POEs): definition, evolution, and evaluation / Context," CIRIEC Studies Series, in: Andrea ZATTI & CIRIEC (ed.), Accountability, anti-corruption, and transparency policies in Public-Owned Enterprises (POEs), volume 2, chapter 0, pages 21-42, CIRIEC - Université de Liège.

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    More about this item

    Keywords

    Monopoly situations; Asymmetries; Strategic State; Regulation; Evaluation; Participation;
    All these keywords.

    JEL classification:

    • K2 - Law and Economics - - Regulation and Business Law
    • L12 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Monopoly; Monopolization Strategies
    • L43 - Industrial Organization - - Antitrust Issues and Policies - - - Legal Monopolies and Regulation or Deregulation
    • L50 - Industrial Organization - - Regulation and Industrial Policy - - - General

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