The Economic performance of state-owned enterprises in Central and Eastern Europe

Collection:
Mokslo publikacijos / Scientific publications
Document Type:
Žurnalų straipsniai / Journal articles
Language:
Anglų kalba / English
Title:
The Economic performance of state-owned enterprises in Central and Eastern Europe
Authors:
In the Journal:
Post-communist economies, 2017, 29, 3, 375-391
Subject Category:
LT
Ukraina (Ukraine); Lietuva (Lithuania); Įmonės. Bendrovės / Companies. Enterprises; Nuosavybė / Ownership.
Summary / Abstract:

ENThis article explores the economic performance of state ownership in the largest non-financial enterprises operating in 13 post-socialist Central and Eastern European (CEE) countries over the period 2007– 2013. The largest state-owned enterprises (SOEs) are selected based on the ‘Coface – 500 Top Companies in CEE’ list in 2013. Of these 500 enterprises, 69 were identified as state-owned. All originated in the socialist period. The majority of them are from Poland and Ukraine. SOEs hold a dominant position in energy supply, the oil and gas sector, and transport. We find that the persistence of state ownership in post-socialist countries is caused by incomplete privatisation and the presence of SOEs within strategic sectors. The economic performance of the largest state-owned companies is, on average, comparable to their private counterparts.

DOI:
10.1080/14631377.2017.1316546
ISSN:
1463-1377; 1465-3958
Subject:
Permalink:
https://www.lituanistika.lt/content/88875
Updated:
2026-02-25 13:40:34
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