In this report, the authors investigate state-owned enterprise (SOE) listings as a solution to promote local capital markets development. Thus, SOE listings can offer governments an enormous opportunity to kick-start the development of their local capital markets while achieving other divestment...

Notwithstanding its significant downsizing due to the country's transition from a planned to a market economy, the public sector in Kyrgyz Republic still owns one hundred thirty-six SOEs, with the largest ones operating in strategic and economically important sectors. The main objective of this...

The Leadership Training Toolkit for State-Owned Enterprises ('SOE Leadership Toolkit') was developed jointly by the World Bank and IFC (World Bank Group) to support countries' efforts to build capacity of SOE boards and senior managers. It also endeavors to strengthen state ownership and...

The report provides one of the first comprehensive applications of the World Bank's new integrated SOE framework (iSOEF) in Europe. Based on firm-level data, it provides analytical arguments indicating underperformance of the Croatian SOE sector, which ultimately stems from corporate governance...

Bulgaria's transition to a market economy involved massive privatizations over the past few decades, however the central government still retains a portfolio of State-Owned Enterprises (SOEs) which includes some of the largest companies in terms of assets and revenues and dominates strategic...

This Technical Note assesses the corporate governance of state-owned enterprises (SOEs) in Azerbaijan with a view to supporting the government's efforts to bolster economic development. Mutually reinforcing recommendations are closely linked and aim to increase accountability across the whole...

This report is part of a World Bank review of state-owned enterprise (SOE) governance practices in the Middle East and North Africa (MENA) region. The focus on governance is motivated by research pointing to good governance as an important precondition for successful and sustainable SOE reform....

This report applies the new World Bank integrated State-Owned Enterprises Framework (iSOEF) methodology to assess The Gambia's SOE sector and its current reform trends. The report provides one of the first comprehensive applications of the World Bank's new iSOEF methodology in Africa by...

This Integrated State-Owned Enterprises Framework (iSOEF) assessment has been carried out in the context of the World Bank's dialogue with the government of Niger (GoN) on state-owned enterprises (SOEs). The GoN is considering progressive reform to control SOE-related budget expenditures,...