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Contemporary public enterprises: innovation, accountability, governance

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  • Massimo Florio

Abstract

Public enterprises (PE) are important players in the global economic arena. Recent empirical evidence confirms that more than 10% of the giant multinationals are government owned; that European PE successfully compete with their private counterparts in network industries such as electricity, gas and telecommunications; and that worldwide PE are found on both sides of the market for corporate control, i.e. they are not just targets of privatization, but also acquirers of private and public firms. In this context, three research themes emerge and are represented by papers in this special issue of the Journal of Economic Policy Reform: entrepreneurship and managerial motivation in PE; measurement of users’ satisfaction and accountability; relations of PE with regulators and governments.

Suggested Citation

  • Massimo Florio, 2014. "Contemporary public enterprises: innovation, accountability, governance," Journal of Economic Policy Reform, Taylor and Francis Journals, vol. 17(3), pages 201-208, July.
    • Handle: RePEc:taf:jecprf:v:17:y:2014:i:3:p:201-208
    DOI: 10.1080/17487870.2014.913823
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    Cited by:

    1. Lo, Dic & Gao, Ling & Lin, Yuchen, 2022. "State ownership and innovations: Lessons from the mixed-ownership reforms of China's listed companies," Structural Change and Economic Dynamics, Elsevier, vol. 60(C), pages 302-314.
    2. Alonso, José M. & Clifton, Judith & Díaz-Fuentes, Daniel, 2017. "The impact of government outsourcing on public spending: Evidence from European Union countries," Journal of Policy Modeling, Elsevier, vol. 39(2), pages 333-348.
    3. Antonio Massarutto & Andrea Garlatti & Stefano Miani & Ernesto Cassetta & Silvia Iacuzzi, 2021. "Evaluating the performance of local SoEs as output‐maximizing entities: The case of Friuli Venezia Giulia," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 92(2), pages 307-332, June.
    4. Marco FRIGERIO & Daniela VANDONE, 2018. "Virtuous or Vicious? Development Banks in Europe," Departmental Working Papers 2018-07, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    5. Yixuan Duan & Min Guo & Yixuan Huang, 2022. "Leverage of Local State-Owned Enterprises, Implicit Contingent Liabilities of Government and Economic Growth," Sustainability, MDPI, vol. 14(6), pages 1-23, March.
    6. Pieter H.M. RUYS, 2014. "Architecture of an Economy with Social Enterprises: the Relational Capacity Approach," CIRIEC Working Papers 1413, CIRIEC - Université de Liège.
    7. Luc BERNIER & Patrice DUTIL & Taïeb HAFSI, 2018. "Policy Adrift: Canadian Crown Corporations In The 21st Century," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 89(3), pages 459-474, September.
    8. Gasperin, Simone, 2022. "Lessons from the past for 21st century systems of state-owned enterprises: The case of Italy's IRI in the 1930s," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 599-612.
    9. María del Carmen SÁNCHEZ CARREIRA, 2021. "Accountability and transparency policies in Spanish Public-Owned Enterprises (POEs) / Spain," CIRIEC Studies Series, in: Andrea ZATTI & CIRIEC (ed.), Accountability, anti-corruption, and transparency policies in Public-Owned Enterprises (POEs), volume 2, chapter 0, pages 61-83, CIRIEC - Université de Liège.
    10. 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.
    11. Francesco Macheda, 2022. "Industrial Policies and State-Owned Enterprises: The Foundations of China’s Path Towards Decarbonization," L'industria, Società editrice il Mulino, issue 4, pages 581-619.
    12. Stefano Cl? & Marco Di Giulio & Maria Tullia Galanti & Maddalena Sorrentino, 2016. "Italian state-owned enterprises after decades of reforms: Still public?," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2016(3), pages 11-49.
    13. Brinčíková Zuzana & Kálovec Marek & Lawson Colin W. & Muchová Eva, 2018. "A Survey of the Autonomy, Accountability, Effectiveness and Governance of Slovak State-Owned Enterprises," Scientific Annals of Economics and Business, Sciendo, vol. 65(4), pages 427-442, December.
    14. Christopher P.P. Shafuda & Rainer Lenz & Matthew Mirecki, 2020. "Corporate Governance of SOEs and Compliance With the SOE Governance Act in Namibia: A Survey," Journal of Public Administration and Governance, Macrothink Institute, vol. 10(4), pages 219249-2192, December.
    15. Caroline Stiel, 2017. "Modern Public Enterprises: Organisational Innovation and Productivity," Discussion Papers of DIW Berlin 1713, DIW Berlin, German Institute for Economic Research.
    16. Clifton, Judith & Fuentes, Daniel Diaz & Warner, Mildred, 2016. "The loss of public values when public shareholders go abroad," Utilities Policy, Elsevier, vol. 40(C), pages 134-143.
    17. Hongsheng Fang & Wen‐Quan Hu & Ruhua Shi & Xufei Zhang, 2023. "The Chinese‐style macroeconomic control: The role of state‐owned enterprises," The World Economy, Wiley Blackwell, vol. 46(3), pages 702-725, March.
    18. Andrea Zatti, 2022. "Accountability, anti-corruption, and transparency policies in Public owned enterprises (POEs): The case of Italy," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2022(1), pages 43-78.
    19. Luc BERNIER & Eoin REEVES, 2018. "The Continuing Importance Of State‐Owned Enterprise In The Twenty‐First Century: Challenges For Public Policy," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 89(3), pages 453-458, September.
    20. Timo TREMML, 2019. "Linking Two Worlds? Entrepreneurial Orientation In Public Enterprises: A Systematic Review And Research Agenda," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 90(1), pages 25-51, March.
    21. Irina Ervits, 2023. "CSR reporting in China’s private and state-owned enterprises: A mixed methods comparative analysis," Asian Business & Management, Palgrave Macmillan, vol. 22(1), pages 55-83, February.
    22. Stefano CLÒ & Marco DI GIULIO & Maria Tullia GALANTI & Maddalena SORRENTINO, 2015. "Italian State-Owned Enterprises after Decades of Reforms: Still Public?," Departmental Working Papers 2015-26, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    23. Adeyemi Adebayo & Barry Ackers, 2023. "Theorising hybridity in state-owned enterprises (SOEs)," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 27(4), pages 1249-1275, December.

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