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The present paper analyzes the top ten Italian state-owned enterprises (SOEs) over the period 2004-2013, after both their corporate organization and their markets have been deeply reformed. We question whether SOEs' strategies are more profit or public oriented. The authors find that, on...
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majority shares of the Petrol Ofisi (The PO) that has been the leading oil distribution company. The PO privatization project … privatization process, 7 % of the shares of the PO were publicly held in the Istanbul Stock Exchange (ISE). In the first step, a … privatization or a common merging transaction. …
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