State-owned enterprise
Government entity / From Wikipedia, the free encyclopedia
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A state-owned enterprise (SOE) is a government entity which is established or nationalised by a national or provincial government, by an executive order or an act of legislation, in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price, implement government policies, and/or to deliver products & services to the remote locations of the country. The national government or provincial government has majority ownership over these state owned enterprises.[1] Defining characteristics of SOEs are their distinct legal form and possession of financial goals and developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government). SOEs are government entities established to pursue financial objectives and developmental goals.[2]
This article needs attention from an expert in economics, business or law. The specific problem is: subscriptions probably needed to access much of the research, and familiarity with the technical diction common in reliable sources would be a major asset. See the talk page for details. (July 2018) |