In Viet Nam, the reform of state-owned enterprises (SOEs) in recent years has become an essential mission to improve their performance in the context of international economic integration. It also represents the commitment of the Vietnamese Government to renovating economic institutions as well...

State-owned enterprises (SOEs) play a key role in the economy of many countries. They are usually thought to be in charge of increasing social welfare. At the same time, their relatively low performance poses several problems, including slowing down economic growth. This effect is especially...

The purpose of this paper is to empirically investigate the relationship between ownership identity and the performance of firms in terms of profitability and solvency. Using cross-sectional data covering over 25,000 firms worldwide and by employing various empirical methods, we find robust...

This paper studies the experience of regulatory reform of state-owned enterprises (SOEs) in Thailand and Malaysia. It explores the trends of regulatory reforms relating to the creation of privatization, liberalization, and competition. The paper focuses on the development of the regulatory...

The economic reforms in India are notable because of the development of private enterprises that are free from functionary management. In this country, the public sector needs renovation, since it makes a crucial contribution to national investment and growth. This article therefore, aims to...

The privatizations of Japanese National Railways (JNR) and Japan Post (JP) have been one of the biggest reforms for state-owned enterprises (SOEs). Since the beginning of the privatization processes in 1987 for JNR and 2007 for JP respectively, the outcomes of these reforms have been reflected...

State-owned enterprises (SOEs) have been declining in numbers in most industries. However, in the oil and gas industry, state-owned national oil companies (NOCs) continue to secure dominant positions in most of the oil-producing countries. In some instances, energy-exporting countries conducted...

The state is a major owner of industrial and commercial enterprises in Uzbekistan. State-owned enterprises (SOEs) dominate and have significant influence on the performance of most sectors in the economy, including natural resources, energy, manufacturing, telecommunications, transport, and...

Being one of the former centrally planned economies, Viet Nam is still home to a substantial state-owned sector. From the implementation of the "Doi Moi" policy in the late 1980s, the restructuring of state-owned enterprises (SOEs) since 1990 is considered as one of three crucial pillars in the...

This paper focuses on the relationship between corporate governance and corporate performance by initial public offerings (IPOs) of Kazakhstan state-owned enterprises (SOEs) in the transition economies of Central Asia. It argues that privatization (i.e., IPO) has different effects depending on...