Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/222753
Authors: 
Schneider, Henrique
Year of Publication: 
2019
Series/Report no.: 
ADBI Working Paper Series No. 986
Abstract: 
New public management emphasizes the organizational and behavioral aspects of state-owned enterprises (SOEs). The main assumption is that, if governments constitute SOEs as "market" enterprises and allow their management to follow the logic of the "market," SOEs will become productive, innovative, and customer-oriented. This paper claims that, although new public management is a necessary condition, it is not sufficient for guiding (or reforming) SOEs. Strategic guidance from the owner (i.e. the state) as well as independence from the government have to complement it. The strategic guidance that the owner gives to an SOE has to address several areas of guidance. Ideally, it parallels the ownership strategies that are typical of more mature family enterprises. On the other hand, once the ownership strategy is in place, SOEs have to maintain their independence from the government, that is, its owners, to avoid co-option from political goals or short-term deviations from the strategy.
Subjects: 
SOE
governance
strategy
new public management
market imbalance
strategic management
competition
JEL: 
H00
H11
M10
Creative Commons License: 
https://creativecommons.org/licenses/by-nc-nd/3.0/igo/
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.