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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.
Founded in 1915, University Professional and Continuing Education Association (UPCEA) is a higher education association non-profit which focuses on professional, continuing, and online higher education. UPCEA serves more than 400 institutions, including most of the leading public and private colleges and universities in North America.
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.
Volksbank 43.3% SOE (retail banking group, with additional operations in Hungary, Romania and Malta) ORF: funded from television licence fee revenue, dominant player in the Austrian broadcast media; Österreichische Industrieholding (ÖIAG): Austrian industry-holding stock corporation for partially or entirely nationalized companies, as of 2005:
The articles of association of a company, or articles of incorporation, of an American or Canadian company, are often simply referred to as articles (and are often capitalized as an abbreviation for the full term).
Following an August 2015 directive, SOEs' articles of association are required to specify the leading role of party organizations in their firms. [ 43 ] : 80 The 2015 directive also increases the importance of party organizations within SOEs by requiring that the CCP committee secretary and the chair of the board must be the same person.
2014 operation subsidies and program funds that GOCCs received from the national government. GOCCs receive from the government "subsidies" and "program funds". [6] Subsidies cover the day-to-day operations of the GOCCs when revenues are insufficient while program funds are given to profitable GOCCs to pay for a specific program or project.
Although in 2015 and 2016, senior government leaders discussed allowing private-sector investment into some of the more than 700 state-owned enterprises and recently released a report of a presidential review commission on SOE, which called for nationalization of SOEs, no concrete action has been taken on the topic yet.