Boundaries and governance of Italian state-owned enterprise: a quantitative approach
AbstractFor the most part of the last century the role of State owned enterprises was probably more pronounced, continuous and prolonged in Italy than elsewhere in the West. This was the response to the fact that Italian economic growth had long been penalized by structural frailties such as a narrow internal market, a shortage of capital, financial weakness and a decline of entrepreneurial initiative. Yet, the complexity of forms and organizations assumed by the State direct intervention in the economy (just to limit our analysis to the central level) reached heights of imagination and ingenuity in Italy that were probably unknown abroad: State companies, State monopolies, shareholding companies, State concerns and so on co-existed throughout the twentieth century. This helps to explaining why we do not yet have a precise and thorough measure of the weight of public enterprise on the entire economy, not to say of more specific data concerning their sectorial and/or regional distribution. Thus it has not been so far possible to identify precisely - at a micro level - the real dimension of Italian public enterprise, and hence assess a phenomenon whose actual magnitude remains unknown to us. The aim of our paper is to fill this gap by showing the basic features of the dimension, boundaries, structure, governance and location of Italian SOEs.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University of Milano-Bicocca, Department of Economics in its series Working Papers with number 182.
Length: 35 pages
Date of creation: Mar 2010
Date of revision: Mar 2010
Italy; State owned enterprise; size and structure; governance; economic history;
Find related papers by JEL classification:
- N44 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: 1913-
- L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises
- G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
This paper has been announced in the following NEP Reports:
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statistics
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Roberto Reale).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.