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A large legal and economic literature describes how state-owned enterprises (SOEs) suffer from a variety of agency and political problems. Less theory and evidence, however, have been generated about the reasons why state-owned enterprises listed in stock markets manage to attract investors to...
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privatization were completed, with the corresponding performance change of matched companies that remain domestically owned until …
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This paper seeks to detect (post) crisis tendencies in the international activities of state-owned enterprises (SOE) and sovereign wealth funds (SWF) and identify the main challenges posed in exploring this topic. In doing so it draws on the inductive approach and qualitative method and...
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. Combined, these support structures serve as institutional control mechanisms in promoting competition, performance and loyalty …
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