IDEAS home Printed from https://ideas.repec.org/p/crc/wpaper/1931.html
   My bibliography  Save this paper

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

Author

Listed:
  • 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
    as

    Download full text from publisher

    File URL: https://www.ciriec.uliege.be/repec/WP19-31.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. A. Gomez-Ibanez, Jose, 2007. "Alternatives to infrastructure privatization revisited : public enterprise reform from the1960s to the 1980s," Policy Research Working Paper Series 4391, The World Bank.
    2. Jean Bergougnoux & Luc Baumstark & Nicole Jestin-Fleury, 2000. "Services publics en réseau : perspectives de concurrence et nouvelles régulations. Rapport du groupe présidé par Jean Bergougnoux," Post-Print halshs-00181367, HAL.
    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, April.
    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)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    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.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Castelnovo, Paolo & Del Bo, Chiara F. & Florio, Massimo, 2019. "Quality of institutions and productivity of State-Invested Enterprises: International evidence from major telecom companies," European Journal of Political Economy, Elsevier, vol. 58(C), pages 102-117.
    2. Castelnovo, Paolo, 2022. "Innovation in private and state-owned enterprises: A cross-industry analysis of patenting activity," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 98-113.
    3. Clò, Stefano & Florio, Massimo & Rentocchini, Francesco, 2020. "Firm ownership, quality of government and innovation: Evidence from patenting in the telecommunication industry," Research Policy, Elsevier, vol. 49(5).
    4. Landoni, Matteo, 2020. "Knowledge creation in state-owned enterprises," Structural Change and Economic Dynamics, Elsevier, vol. 53(C), pages 77-85.
    5. 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.
    6. Águeda Gil-López & Unai Arzubiaga & Elena San Román & Alfredo Massis, 2022. "The Visible Hand of corporate entrepreneurship in state-owned enterprises: a longitudinal study of the Spanish National Postal Operator," International Entrepreneurship and Management Journal, Springer, vol. 18(3), pages 1033-1071, September.
    7. 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.
    8. Fanti, Lucrezia & Pereira, Marcelo C. & Virgillito, Maria Enrica, 2024. "The agents of industrial policy and the North-South convergence: State-owned enterprises in an international-trade macroeconomic ABM," GLO Discussion Paper Series 1491, Global Labor Organization (GLO).
    9. Roberto CARDINALE, 2017. "The Political-Economy Implications of the Transition from State-Owned to Mixed-Owned Enterprises: Evidence from the European Gas Sector," Departmental Working Papers 2017-10, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    10. Mario Benassi & Matteo Landoni, 2019. "State-owned enterprises as knowledge-explorer agents," Industry and Innovation, Taylor & Francis Journals, vol. 26(2), pages 218-241, February.
    11. Anne Strand Alfredsen Larsen & Gro Holst Volden & Bjørn Andersen, 2021. "Project Governance in State-Owned Enterprises: The Case of Major Public Projects’ Governance Arrangements and Quality Assurance Schemes," Administrative Sciences, MDPI, vol. 11(3), pages 1-27, July.
    12. 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.
    13. Fiorio, Carlo V. & Florio, Massimo, 2013. "Electricity prices and public ownership: Evidence from the EU15 over thirty years," Energy Economics, Elsevier, vol. 39(C), pages 222-232.
    14. Daniel Benitez & Antonio Estache & Tina Søreide, 2012. "Infrastructure policy and governance failures," CMI Working Papers 5, CMI (Chr. Michelsen Institute), Bergen, Norway.
    15. Paolo CASTELNOVO & Massimo FLORIO, 2019. "Mission-oriented Public Organizations for Knowledge Creation," Departmental Working Papers 2019-09, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    16. Massimo Florio, 2016. "Per una comparative political economy dell?impresa pubblica: alcuni contributi recenti (2013-2015)," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2016(2), pages 5-41.
    17. 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.
    18. Carole RENTSCH & Matthias FINGER, 2014. "Yes, no, maybe: the ambiguous relationships between State-owned enterprises and States," Departmental Working Papers 2014-05, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    19. Klein, Michael, 1996. "Competition in network industries," Policy Research Working Paper Series 1591, The World Bank.
    20. Rodrigo M. S. Moita & Claudio Paiva, 2013. "Political Price Cycles in Regulated Industries: Theory and Evidence," American Economic Journal: Economic Policy, American Economic Association, vol. 5(1), pages 94-121, February.

    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

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:crc:wpaper:1931. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CIRIEC (email available below). General contact details of provider: https://edirc.repec.org/data/ciulgbe.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.