Definition
Governance of state-owned enterprises (SOEs) is a complex and simultaneous act of one the one hand, granting SOEs enough autonomy (to let them manage), while on the other hand, establishing a robust regulatory framework (to make them manage): The objective is to create SOEs that are effective and efficient, yet democratic and accountable.
Introduction
According to NPM and neoliberalism, deregulation and liberalization are important for letting the managers manage. On the other hand, corruption, poor accountability, and mismanagement of public resources have ushered in a wave of regulations, monitoring, and controls by policymakers in the management of public agencies. This therefore creates a conundrum and raises important questions: How can and should state regulators simultaneously regulate and deregulate to improve performance of public agencies? Using the example of...
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Zaato, J.J. (2017). Governance of State-Owned Enterprises. In: Farazmand, A. (eds) Global Encyclopedia of Public Administration, Public Policy, and Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-31816-5_3237-1
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