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Purpose: State-owned enterprises (SOEs) play an immense role throughout the world. Historically lacking in innovativeness, SOEs are now compelled to be more innovative. This study aims to explore the innovative tendencies of SOEs and non-SOEs as they strive to be preferred suppliers to their key accounts. This study also examines the effects of top management involvement (TMI) and customer knowledge utilization on suppliers' tendencies to provide innovative solutions to key customers. In addition, this study examines the moderating effects of state ownership on these relationships. Design/methodology/approach: Following institutional theory and dynamic capabilities logic to guide expectations, this study collected survey responses from 185 managers at SOEs and non-SOEs in Beijing, Shanghai, Guangzhou and Shenzhen in China. Using partial least squares structural equation modeling, this study examined main and moderating effects of variables on innovation. Findings: Results indicate that state ownership does not have a significant effect on innovation, suggesting Chinese SOEs may no longer be innovation-disadvantaged vis-à-vis non-SOEs. In addition, both TMI and customer knowledge utilization have positive effects on innovation. The hypothesized magnifying effect of state ownership on TMI's main effect is not present. Data support our expectation that state ownership amplifies the positive effect of customer knowledge utilization on innovation. Research limitations/implications: Our research provides evidence that China's SOEs are closing the competitive gap in innovation and mechanisms for this occurrence. The relatively small sample from limited geographies necessitates research in more regions of China. Also, research should investigate not just the ownership type of suppliers, but also of buyers. Originality/value: This study offers unique insights into factors affecting the innovative tendencies of Chinese SOEs and non-SOEs. Until now, little research has addressed what practices SOEs use to provide more innovative solutions to customers. [ABSTRACT FROM AUTHOR]

The article explores the digital transformation of State-Owned Enterprises (SOEs) through a bibliometric analysis. The study analyses the scientific literature to understand the current trends, challenges, and emerging themes surrounding the digitalization of SOEs across various industries. Digital transformation, which involves integrating technologies like AI, IoT, and big data, is crucial for improving operational efficiency, reducing costs, and ensuring sustainability in such key sectors as energy, transportation, and telecommunications, where SOEs often play a pivotal role. The research uses bibliometric tools, specifically Scopus and the Biblioshiny App, to map out the literature on digital transformation in SOEs, analyze keywords, and identify thematic clusters in the body of research. The study highlights the significant publication growth, particularly from 2018 onwards, and points to digital transformation, corporate governance, and green innovation as dominant research themes. These themes illustrate how SOEs leverage digital technologies to improve service delivery, increase transparency, and meet environmental targets. The study observed a rapid increase in research output related to SOE digital transformation, particularly from 2020 to 2023. The leading contributors were journals such as Finance Research Letters, Sustainability (Switzerland), and Technological Forecasting and Social Change. The central themes of the analyzed publications included digital transformation, corporate governance, green innovation, and environmental performance. These were classified as “motor themes” due to their high centrality and well-developed nature, indicating their pivotal role in SOE research. The analysis revealed strong links between keywords such as digital transformation, information asymmetry, and innovation. These connections highlight the critical role of digital technologies in enhancing transparency, efficiency, and sustainability within SOEs. The study reveals that the digital transformation of SOEs is a critical area of research, with a growing emphasis on sustainability and innovation. The analysis underscores the need for further studies on the financial impacts of digitalization, the role of government policies, and cross-country comparisons to fully understand how different regulatory and economic environments influence the digital transformation processes in SOEs. By leveraging emerging technologies, SOEs can better align with national digital strategies and contribute to broader policy goals such as energy efficiency and inclusive growth.

The state-owned enterprise (SOE) is the most significant business form in China. In the planned economy era, the state employed SOEs to implement economic policy and to provide employment opportunities. After entering the marketization era, the state still expects SOEs to preserve the state assets and fulfill political goals, notwithstanding the governance issues facing SOEs. SOEs do not generally perform as well as private corporations worldwide and the existing literature attempts to explain the reasons for poor governance problems from many different perspectives. SOEs in China have many distinctive characteristics compared to their counterparts overseas. The ways in which the state exercises its control over SOEs are the primary reasons for creating the vital distinctive characteristics that invite SOEs' poor governance problems in China. The three most significant problems are discussed here. First, over-politicization and bureaucracy lower SOEs' operational efficiency. Second, the board of directors (BOD) fails to perform its traditional role in corporate governance in serving the corporate interests. Third, the comprehensive involvement of the Communist Party in China (CPC) needs to be regulated and the accountability of internal organs should be extended to the party committees within the companies. We submit that the existing SOE supervision and control methods need to be changed to clarify the for-profit purpose of SOEs. The BOD needs uninterrupted business management power and the party activities should follow party rules and company law to make party cadres accountable for their business decisions. [ABSTRACT FROM AUTHOR]

This paper investigates the conditions and consequences of integrating small towns into industrial production networks. It is based on empirical research conducted in Algeria, a hydrocarbon-dependent rentier economy characterized by significant regional inequalities and the political aims of economic diversification and spatial rebalancing. Elaborating the case study of a state-owned cement factory in the small town of Sigus, the research provides insights into the multiple roles of the state in shaping production network integration and the characteristics of small towns as economic locations. The methodology combines secondary data and information with primary research based on semi-structured interviews. It reveals the importance of a multi-scalar regional framework in production network integration, whereby national factors played a key role due to the centralized Algerian state, the state-owned character of the investing company, and the shortcomings of the small town's local environment. It emphasizes the contradictory impacts of production network integration in economic, social, and environmental terms, primarily on a local level. These contradictions underscore the necessity for critical evaluations to maximize the benefits of production network integration while mitigating its adverse effects. They also call for the more consistent involvement of the local community in similar economic development decisions. Notably, this research contributes significantly to the existing body of literature by addressing the underexplored topic of integrating small towns into production networks within the Algerian context. Doing so offers a more nuanced understanding of the particular economic, social, and environmental dynamics at play in these locations, thereby enriching the discourse on economic development strategies for small towns in rentier economies like Algeria. [ABSTRACT FROM AUTHOR]

This paper investigates how environmental, social, and governance (ESG) efficiency impacts corporate innovation, highlighting its role as a crucial indicator of resource utilization within firms. Analyzing data from A‐share listed companies in China between 2009 and 2021, we find that ESG efficiency levels are positively correlated with corporate innovation outputs. This indicates that higher ESG efficiency contributes to greater innovation. Our result also reveals that the relationship between ESG efficiency and corporate innovation is moderated by the firm's ownership structure. Specifically, the negative moderating effects of ownership are more pronounced in regions with lower economic development or stringent environmental regulations. Technology‐based firms are particularly affected, exhibiting greater vulnerability to these negative effects. These findings confirm that ESG efficiency is a significant mechanism linking ESG practices to enhanced innovation capabilities. By exploring both the efficiency aspects of ESG performance and the institutional factors influencing ESG‐innovation dynamics, our study makes a notable contribution to the literature, offering new insights into how effective ESG practices can strategically drive innovation within firms. [ABSTRACT FROM AUTHOR]

The allocation of decision‐making power is a critical choice that organizations make to mitigate agency problems and information frictions. This paper investigates the role of delegation for organizations where the agency problem is both pervasive and has potentially high welfare consequences: state‐owned enterprises (SOEs). I use a natural experiment in India to uncover the causal effects of granting SOE managers more autonomy over strategic decisions. Managers meaningfully exercise this autonomy, which results in greater value added, but also a reduced emphasis on outcomes valued by the government, such as a reduction in worker amenities (employee housing), and an increase in markups. Returns to autonomy are higher for firms with higher baseline incentive conflict. [ABSTRACT FROM AUTHOR]

Objective: The present study aims to design an innovative organization model for state-owned enterprises (case study: Iraq). Methodology: The research is applied in terms of its objective and is survey-based in terms of its method. The type of research is qualitative, and the statistical population includes corporate executive experts, academic experts, and academiccorporate executive experts in Iraq. Data analysis was conducted using thematic analysis. The research tool is a semi-structured interview. Findings: The research findings indicate the extraction of five dimensions for the innovative organization model for state-owned enterprises in Iraq. Conclusion: The dimensions and components include: Organizational: creating a flexible organizational structure, developing an innovation culture among organizational employees, establishing new innovation management methods within the organization, making the organization agile through innovation. Individual: developing strategic thinking among employees, enhancing employees' individual creativity, adapting employees to innovative changes, continuously upgrading employees' skills and knowledge. Technical: developing proficiency in new technologies, enhancing IT infrastructure, increasing the use of artificial intelligence, developing scalable innovative capabilities within the organization. Strategic: defining and focusing on innovative strategies, increasing investment in research and development, enhancing knowledge management within the organization, managing technological risks in the organization. Legal: updating intellectual property laws, developing and drafting updated e-commerce laws, formulating security regulations. [ABSTRACT FROM AUTHOR]

Theoretical and empirical evidence point to the ability of political leaders to manipulate economic policies and leverage local firms to elevate their political careers. Despite this, there is limited understanding of how these career incentives impact the operational dynamics of the firms involved. This empirical study delves into this gap, revealing that city leaders with fewer promotional incentives are more inclined to mobilize state-owned enterprises (SOEs) within their jurisdiction to pursue sustainable development, as indicated by heightened corporate operational efficiency. Our analysis further indicates that the career prospects of city leaders significantly influence the operational efficiency of SOEs by driving a shift in focus from rapid growth to sustainable development and firms' adoption of disruptive technologies. We posit that this increase in operational efficiency not only benefits the SOEs but also generates unique value for stakeholders, resulting in elevated market capitalization and reduced stock price crash risk. Our findings carry direct relevance to the ongoing discourse on political incentives and contribute to operations management research, shedding light on the intricate ways in which the political environment can impact the operational performance of firms. [ABSTRACT FROM AUTHOR]

Africa has been the location of centuries of business activity. African business displays a complex development path through early indigenous kingdoms, colonial control and post–1950 independence. The historiography on these developments is unbalanced in favour of the role performed by enterprises embedded in capitalist metropolitan economies. Complex and dynamic African entrepreneurial activity persisted but adapted to global market changes. Business historians have not systematically explored African agencies in business, the management systems and the organisational evolution of enterprise in Africa. As market liberalisation provided new business opportunities, African businesses emerged to complement and compete with foreign-owned enterprises. As market liberalisation stimulated globalisation, multi-national companies returned to African markets, fostering competition and collaboration. Changes in the political economy of many African states gave rise to more dynamic regulatory contexts and public-private partnerships in different sectors of developing African economies. These trends appear in the Business History of Africa from the perspective of African business, owned by Africans from diverse ethnic origins as proof of the complex trends and processes in African enterprise development. This contribution seeks to refine the focus on business and entrepreneurs in Africa as agents in the continent's business landscape. The manuscript acknowledges the diversity among African entrepreneurs and the dynamically changing state-business nexus through history. Can one identify a distinct «African» nature of enterprise? This manuscript addresses aspects of conceptual clarity on what constitutes African business in an attempt to map the agenda for Business History in Africa. [ABSTRACT FROM AUTHOR]

For the high-quality development of gold mines, it is essential to achieve effective qualitative enhancement and reasonable quantitative growth. Using Inner Mongolia Pacific Mining Co., Ltd. as an example, this paper provides a detailed introduction to the specific measures it has implemented to achieve high-quality development: focusing on addressing weaknesses and challenges to create a hub for technological innovation; adhering to green mine requirements, striving to reduce energy and resource consumption, implementing effective mine restoration, and building a highly harmonious green mine between humans and nature; actively exploring and increasing reserves, evaluating the value of resource development and utilization, and enhancing resource utilization efficiency; improving management systems and mechanisms, selecting the right people, utilizing talent effectively, and retaining personnel to enhance the core competitiveness of the enterprise. Inner Mongolia Pacific Mining Co., Ltd. has achieved remarkable results through measures such as technological innovation, green development, exploration and reserve expansion, and enterprise development by talent building, providing a reference model for the high-quality development of similar gold mines [ABSTRACT FROM AUTHOR]

This case study explored the strategic human resource management (SHRM) practices at PT Pelabuhan Indonesia (Pelindo), a state-owned enterprise in Indonesia. The focus was on employee training and development, specifically the effectiveness of the Learning Design initiative in aligning employee training with business objectives. The research used a qualitative approach, conducting interviews with employees across various departments to gauge their capabilities and alignment with the HR training strategy. Secondary data sources were also utilized. The findings from the TWOS Analysis provide strategic insights into the strengths, weaknesses, opportunities, and threats associated with Pelindo's HRM training and development management plan. These insights can inform managerial decisions and strategies to enhance the effectiveness of the Learning Design initiative. For instance, the analysis reveals the importance of investing in technological infrastructure and improving communication channels to enhance e-learning initiatives. Furthermore, it highlights the need for a flexible and adaptive HRM strategy to respond to changing market conditions and regulatory changes. By addressing these strategic issues, managers can foster a skilled workforce and enhance employee knowledge, skills, and efficiency. However, areas for improvement were identified, including customization, technological infrastructure, and communication channels. By effectively engaging with stakeholders, Pelindo can address these issues and further enhance its SHRM initiatives. This research carries potential implications for HR practices in other state-owned enterprises, highlighting the importance of strategic alignment in training and development. [ABSTRACT FROM AUTHOR]

This paper examines the process of the internationalisation of Japan Tobacco (JT), as a former state-owned enterprise (SOE) in the context of varied state motives and interventions influenced by changing social and political environments. The account of the successful internationalisation of this large Japanese multinational corporation (MNC), frequently listed in the Fortune Global 500, helps to meet a growing need to elaborate the relationship between the privatisation and internationalisation of SOEs. The historical analysis of JT's internationalisation is presented with two distinct focuses, each of which illuminates significant implications for scholars of business history. First, breaking down the narrative into distinct phases helps to reveal the dynamic interaction between processes of privatisation and internationalisation over time. Second, the focus on distinct stakeholders draws on resource dependency theory to elaborate the nuanced relationship between the State's motives and JT's determination to internationalise. [ABSTRACT FROM AUTHOR]

Despite the remarkable economic growth, China maintains a large-scale State economy comprised of extensive State-owned enterprises (SOEs) that continue to play a dominant role in the national economy. In spite of this, China has been substantially restructuring its State economy in its long-lasting SOE reforms since 1978, and the fourth round of the reforms commenced in 2013. China’s expanding geopolitical influence and escalating Sino-Western tensions warrant an in-depth examination of its genuine State economy reform objective and process. Based on comprehensive analyses of relevant laws and policies of China’s major State economy restructuring programs promoted in the second and the latest round of the reforms, this study firstly demonstrates SOE’s well-established primacy in China’s political-economic system. This study argues that since the mid-1990s, the restructuring reforms implemented by successive Chinese governments for the State economy have promoted the ‘Grasp the Large and Release the Small’ pseudo-privatisation. The policy continuity speaks to a goal that successive Chinese leaders have sought to achieve—’the State advances, the private sector retreats’.

AbstractThis paper asseses the efficiency of the State-Owned Enterprise (SOE) in Asia-Pacific and European regions by adapting a non-parametric analysis, Data Envelopment Analysis (DEA) to compute technical efficiency (TE). There are two TE models available namely constant returns-to-scale (CRS) and Variable Return to Scale (VRS). The VRS has comforted the CRS model, which brings to an assumption that not all DMU operates at optimal scale. This model is able to decompose TE into two; i.e. Pure Technical Efficiency (PTE) and Scale Efficiency (SE. Therefore this investigation abides VRS by computing TE, PTE and SE on 170 SOEs in both economies countries for the period of 2010–2017. It is initially looking at the yearly efficiency trends as a measurement towards the ability of SOEs to produce the maximum output from a given set of inputs or, the ability to reduce inputs to produce the same amount of output over a certain period of time. It has discovered that SOE in emerging economies countries exhibit significantly higher TE in comparison to SOE in advanced economies countries. This study also reveals that PTE (managerial inefficiency) is the root cause of SOE’s under-achievements in both economies countries.

This research revealed the factors that cause firm distress in the Chinese market. The stock exchange–listed firm samples are classified as moderate or severe distressed firms if they receive a special treatment warning from stock exchanges due to continuous negative net loss or are suffering from negative equities. By applying ordinary least square and logit regressions to the 2015–2022 data sample, the results showed that market power and internal and external monitoring significantly affect the likelihood of firm distress. Interestingly, debt only negatively affects a firm's earnings, has no impact on moderate firm distress, and reduces the likelihood of falling into severe distress. State-owned enterprises (SOEs) receive government support and are therefore less likely to be distressed, in contrast to family-owned firms. The recovery results confirmed that SOEs are easier to recover that family-owned firms. The ability to repay debt increases credibility and is a good signal of recovery. We differentiated from past discussions that focused on earning management and business failure. Our research contributes to the literature by analyzing firm distress and recovery from market power and monitoring, which are not well discussed with observable evidence. These findings could be helpful for both corporate and regulatory policy decision-making.

The government continues to strive to optimize the value of SOEs through cooperation between SOEs or with partners. Therefore, the purpose of this study is to find out the legal provisions for cooperation in the establishment of joint venture companies from several SOEs, and to find out the principles and principles of cooperation implementation through the establishment of joint venture companies. This study uses a qualitative prescriptive approach with the type of JuridisicalNormative research. The data sources used are secondary data obtained through primary legal materials, secondary legal materials and tertiary legal materials. The data collection technique uses literature studies and document studies. The data analysis was carried out in a qualitative descriptive manner. The results of this study found that between SOEs in accordance with the Minister of SOEs Regulation Number Per-07/Mbu/04/2021 concerning Guidelines for Cooperation of State-Owned Enterprises can carry out cooperation through the formation of joint venture companies such as PT Karya Logistik Nusantara (KLN) which is a joint venture company of six SOEs. The implementation of cooperation in the form of the establishment of joint venture companies between SOEs is based on the principles of transparency, independence, accountability, accountability, usefulness, and fairness, and in accordance with the provisions of laws and regulations, while the principle adopted is that cooperation is carried out indefinitely by prioritizing synergy between SOEs, between SOE subsidiaries, between SOEs-affiliated companies and/or with Investment Management Institutions through direct appointment or direct cooperation by comparing at least two SOEs, subsidiaries, and affiliated companies of SOEs. [ABSTRACT FROM AUTHOR]

This article selects state‐owned enterprises listed on the A‐share market of China from 2010 to 2021 as the research sample, and adopts the Ordered Logistic Model to analyze the relationship between digital transformation (DX) and environment, social and governance (ESG) performance of enterprises, and studies the moderating effect of mixed‐ownership reform. The study found that: the DX of state‐owned enterprises can indeed improve ESG performance, and its time lag effect is significant; for state‐owned enterprises located in high‐tech industries, with higher level of marketization, or in the maturity stage, their DX has a significant promoting effect on ESG performance; In addition, mixed‐ownership reform can amplify the positive impact of DX of state‐owned enterprises on ESG performance. [ABSTRACT FROM AUTHOR]

This study investigated and evaluated the implementation of governance practices concerning the control environment in government-operated water supply firms in South Sulawesi Province, Indonesia. The objective of this study was to ascertain the most effective methods for implementing governance within government-owned firms. It also examined the maturity level of the control environment. This study utilized the multiple case study method and focused on three observed organizations. The qualitative data was analyzed using implementation-level assessment and comparison analysis across the cases. Multiple discoveries were unveiled in this investigation. Initially, the implementation of a control environment in observed organizations was rudimentary. Furthermore, effective communication and coordination across pertinent departments enhanced control consciousness inside the organization. Furthermore, this study recognized the significance of employing a procedural selection process for audit firms. Nevertheless, multiple domains necessitate enhancement to augment the quality of governance, specifically recognizing the significance of risk management and compliance programs. Additional aspects that may arise in control environment practices, such as corporate culture and political difficulties, should be further investigated.

The relationship between governance measures and company performance is a widely debated topic in economics, finance, and organizational analyses with diverse outcomes in the existing scholarly body of work. This study aims to examine the relationship between the share of independent members on the board and the financial return of state-owned enterprises. Lithuania was chosen as a setting for the research because the country has been successfully implementing ambitious corporate governance reforms in the public sector and thus is recognized by the Organisation for Economic Co-operation and Development for its efforts. Within the examined dataset of 27 Lithuanian state-owned enterprises spanning 2015 to 2021, there was a notable rise in the proportion of independent board members, ascending from 13% in 2015 to 61% in 2021. However, no statistically significant correlation is discerned between the share of independent board members and financial performance indicators, specifically return on assets (r (181) = –0.020, p > 0.05) and return on equity (r (181) = –0.104, p > 0.05). The quantitative results are complemented through the administration of semi-structured interviews with a subset of board members affiliated with these enterprises. The absence of a relationship between independent board members and the financial return is explained via a more significant influence of state decisions than the effect of a board. Therefore, the appointment of independent board members alone cannot be regarded as the sole guarantor of improvement in financial returns.

This paper investigates the conditions and consequences of integrating small towns into industrial production networks. It is based on empirical research conducted in Algeria, a hydrocarbon-dependent rentier economy characterized by significant regional inequalities and the political aims of economic diversification and spatial rebalancing. Elaborating the case study of a state-owned cement factory in the small town of Sigus, the research provides insights into the multiple roles of the state in shaping production network integration and the characteristics of small towns as economic locations. The methodology combines secondary data and information with primary research based on semi-structured interviews. It reveals the importance of a multi-scalar regional framework in production network integration, whereby national factors played a key role due to the centralized Algerian state, the state-owned character of the investing company, and the shortcomings of the small town’s local environment. It emphasizes the contradictory impacts of production network integration in economic, social, and environmental terms, primarily on a local level. These contradictions underscore the necessity for critical evaluations to maximize the benefits of production network integration while mitigating its adverse effects. They also call for the more consistent involvement of the local community in similar economic development decisions. Notably, this research contributes significantly to the existing body of literature by addressing the underexplored topic of integrating small towns into production networks within the Algerian context. Doing so offers a more nuanced understanding of the particular economic, social, and environmental dynamics at play in these locations, thereby enriching the discourse on economic development strategies for small towns in rentier economies like Algeria.

The purpose of the study is to identify the employee retention strategies currently used in state-owned enterprises and their effectiveness in retaining employees. State-owned enterprises (SOEs) are increasingly concerned about employee retention due to skills shortages and labor turnover, which affect productivity. This has prompted this study to examine the talent management strategies used by state-owned enterprises since salaries seem to be low and unable to attract a skilled workforce. The study used qualitative research, and semi-structured interviews were administered to obtain data from Human Resource practitioners and departmental supervisors in a South African state-owned enterprise. The study found that employee wellness, more leave days, employee development, and permanent contracts are the main retention strategies used to improve employee satisfaction in public sector organizations. This study highlights the relevance of talent management strategies in achieving competitive advantage in public sector organizations.

Copyright of Modern Economic Science is the property of Modern Economic Science Editorial Office and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Creditors, such as banks, often use disclosed environmental information to assess a company' s environmental risk and ensure the safety of debt funds. Consequently, carbon disclosures have become an important consideration for creditors when making investments. This study explores the relationship between carbon disclosure and debt financing costs using data on listed companies from 2008 to 2019. The results show that carbon disclosure can reduce the debt financing costs of enterprises, and that this influence is more significant for private companies than for state-owned enterprises. Instrumental variables and Propensity Score Matching (PSM) were used to evaluate the robustness of negative relationships. Furthermore, carbon disclosure has a more significant impact on debt costs with less environmental supervision pressure, weak residents' environmental awareness, and weak product market competition. These findings provide guidance for companies' carbon information disclosure and support the establishment of official carbon disclosure standards. [ABSTRACT FROM AUTHOR]

State-Owned Enterprises (SOEs) in South Africa are facing challenges relating to poor governance. This provides the management with an incentive to legitimise the SOEs existence by changing how information is disclosed using impression management techniques. This article outlines the critical issues that emerged in the study that sought to investigate whether key reports in the integrated reports of South African SOEs contain impression management techniques relating to sentiment, time orientation, type of data, internal and external attribution, and neutralisation. Information was gathered by way of content analysis. The reports selected were of the chairman, chief executive officer (CEO), chief financial officer (CFO) reports, and the performance report. The findings indicate that SOEs employ impression management techniques in their integrated reports. The findings add to the growing debate on accountability and transparency by those charged with the governance of SOEs when disclosing information to stakeholders. Further, stakeholders are aware of the possible influences that management uses when disclosing information and could incorporate this in their decision-making process, allowing more useful decisions to be taken. [ABSTRACT FROM AUTHOR]

Copyright of Management & Organization Review is the property of Cambridge University Press and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

State-owned enterprises take on various legal statuses across jurisdictions and, sometimes, even within the same jurisdiction. Also, state-owned enterprises pursue multiple commercial and public service objectives. In Ethiopia, relevant laws define the status and objectives of state-owned enterprises. These laws have been, however, criticized for inadequately regulating the legal status and objectives of state-owned enterprises. This article appraises these laws in light of the OECD Guidelines on Corporate Governance of State-owned Enterprises, the World Bank toolkit on Corporate Governance of State-owned Enterprises, and national best practices. Thus, it finds that the existing laws on the status and objectives of state-owned enterprises do not cope with global practices. They establish multiple forms of statuses and mandate state-owned enterprises with expansive and potentially competing objectives. This situation causes state-owned enterprises to face multifaceted problems. The laws need improvement to incorporate the best rules of status and objectives of state-owned enterprises. [ABSTRACT FROM AUTHOR]

The impact of the incumbent state‐owned enterprises (SOEs) on the births of new private‐owned enterprises (POEs) in China is a central concern for the government and society. In this paper, we apply agglomeration theories to distinguish the linkages between SOEs and POEs. Using China's 2008 economic census, the 2007 Input‐Output Table, and the 2005 population census, we measure the formation of new POEs at the city‐industry level, and the agglomeration forces of distance proximity to inputs, outputs, labor, and technology. More explicitly, we measure the extent to which local SOEs provide relevant inputs, consume outputs, employ similar workers, and use similar technology. Our findings indicate that overall, incumbent SOEs hinder the formation of new POEs. For manufacturing, the entry of new POEs is significantly lower in places where more upstream SOEs are concentrated. For services, the entry of new POEs is significantly lower in places where more upstream and downstream SOEs are concentrated. However, the agglomeration effects from the incumbent POEs are either insignificant or significantly positive. [ABSTRACT FROM AUTHOR]

Despite the remarkable economic growth, China maintains a large-scale State economy comprised of extensive State-owned enterprises (SOEs) that continue to play a dominant role in the national economy. In spite of this, China has been substantially restructuring its State economy in its long-lasting SOE reforms since 1978, and the fourth round of the reforms commenced in 2013. China's expanding geopolitical influence and escalating Sino-Western tensions warrant an in-depth examination of its genuine State economy reform objective and process. Based on comprehensive analyses of relevant laws and policies of China's major State economy restructuring programs promoted in the second and the latest round of the reforms, this study firstly demonstrates SOE's well-established primacy in China's political-economic system. This study argues that since the mid-1990s, the restructuring reforms implemented by successive Chinese governments for the State economy have promoted the 'Grasp the Large and Release the Small' pseudo-privatisation. The policy continuity speaks to a goal that successive Chinese leaders have sought to achieve—'the State advances, the private sector retreats'. [ABSTRACT FROM AUTHOR]

Copyright of Polish Journal of Management Studies is the property of Czestochowa University of Technology, Faculty of Management and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The purpose of this study is to identify the role of human resource management in the change processes of state-owned enterprises and its effectiveness in the management of organizational change. This paper is a study of the role of human resource professionals in the internal change processes of state-owned enterprises. Qualitative research was used, and semi-structured interviews were administered to obtain data from human resource practitioners and departmental supervisors in a South African state-owned enterprise. Human Resource professionals are the custodian of change and employee champions in organizations. Their input in change processes is vital in maintaining employee levels of commitment to the organization. Human Resource Management's role in organizational change involves employee counseling, motivation, communication, and designing exit packages. If these roles are not properly executed, the organization may experience difficulties such as employee stress, low morale, and high labor turnover to mention just a few. The study revealed that lack of business partner roles, fear and control by the executives, and lack of communication from the top management are the challenges facing human resource professionals during internal change processes. The study provides insights for top management in state-owned enterprises on the role of human resource management in organizational change processes. The discussion provided in this paper would strengthen the body of knowledge on the role of Human Resource Management in the management of change particularly in state-owned enterprises.