search query: @author Hafsi, T. / total: 11
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| Author: | Hafsi, T. Koenig, C. |
| Title: | The State-SOE relationship : some patterns. |
| Journal: | Journal of Management Studies
1988 : MAY, VOL. 25:3, p. 235-249 |
| Index terms: | BUSINESS-GOVERNMENT RELATIONS DECISION MAKING |
| Language: | eng |
| Abstract: | A pattern of relationship develops over time between a state-owned firm and its owner. There is not a single, permanent pattern of relationship but there are three possible modes of interaction, which can be combined into a cycle. The state-SOE relationships evolve from mutual dependence and co-operation to autonomy via an adversarial stage. The relationship between the state and the SOE has a significant effect on the management of the enterprise. SOEs can be used as effective instruments of government's economic policy only in the co-operative stage of the cycle. As the relationship evolves toward clash and autonomy, the costs to government of keeping effective control over the firm's behavior rise quickly. |
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