There are multiple reasons for state to own control of industry. Profit making may or may not be one of them. Researchers have conducted empirical studies on the performance of State-Owned Enterprises (SOEs) vis-à-vis private ones and to a large degree concur that SOEs underperform in...

The paper revises the idea of stakeholder responsibility, citing a current case of environmental pollution in New Delhi, India. It argues that given the considerable differences among various groups of passive or active stakeholders, interests disintegrate with the passage of time. The case...