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A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation.SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce.
The United States federal government chartered and owned corporations operate to provide public services. Unlike government agencies such as the Environmental Protection Agency, the Bureau of Indian Affairs, or independent commissions, such as the Federal Communications Commission, the Nuclear Regulatory Commission, and others, they have a separate legal personality from the federal government.
At the government level, SOE's relationships with the Foreign Office were often difficult. On several occasions, various governments in exile protested at operations taking place without their knowledge or approval, provoking Axis reprisals against civilian populations, or complained about SOE's support for movements opposed to the exiled ...
SOE mergers have been routine since 2000. [38] Beginning in 2003 with Hu Jintao's administration, the Chinese government increasingly funded SOE consolidation, supplying massive subsidies and favoring SOEs from a regulatory standpoint. [39] These efforts helped SOEs to crowd out foreign and domestic private sector competitors. [39]
National governments deal in both intelligence and military special operations functions that either should be completely secret (i.e., clandestine: the existence of which is not known outside the relevant government circles), or simply cannot be linked to the sponsor (i.e., covert: it is known that sabotage is taking place, but its sponsor is unknown).
In Australia the predominant term used for SOEs is government business enterprise (GBE). Various Australian states also have GBEs, especially with respect to the provision of water and sewerage, and many state-based GBEs were privatized in some states during the last decade of the twentieth century.
This is a list of government-owned companies of Ethiopia. A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government. There is no standard definition of a government-owned corporation (GOC) or state-owned enterprise (SOE), although the two terms can be used interchangeably.
On a local and regional level, public transport is often operated by SOE, such as BVB (Berlin), Hochbahn (Hamburg) or LVB (Leipzig). Power generation, water and gas supply were until the 1990s often publicly owned (Stadtwerke) - the picture is much more diverse today, involving often forms of PPP, but with the local governments still exercising ...