state enterprises
Publicly owned companies
State enterprises are businesses owned and operated by a government rather than private individuals or shareholders.
They may provide essential services like utilities, transportation, or postal delivery, or operate in sectors a government considers strategically important: The state enterprise controlled all oil production.
Also called state-owned enterprises or public enterprises.
The term often appears in discussions of privatization, when governments sell state enterprises to private buyers.
Government acquisition of industry
- privatizationState sells public assets
- public ownershipState-held property or enterprise
- governmentAuthority over a state
- bureaucracyRigid administrative system
civil service · administration · accountability · transparency · regulation · policy · central planning · reform
One seller, no substitutes
- market dominanceControl over a sector
- antitrustAgainst corporate market dominance
- barriers to entryFactors blocking market access
- market sharePercentage of sector sales
deregulation · liberalization · fair competition · level playing field · crowding out · private sector · commercialization · tendering
Essential infrastructure services
- railwaysFixed-track transport systems
- telecommunicationsRemote signal transmission technology
- energyPower to do work
- postal servicesPublic mail delivery system
airlines · mining · steel · oil and gas · banking · broadcasting · water · defense
Non-excludable shared benefit
- public interestSocietal welfare and benefit
- welfareComfort and prosperity
- essential servicesIndispensable public functions
- strategic assetsValuable holdings providing advantage
national security · employment · universal access · service delivery · infrastructure
Financial assistance from government
- revenueBusiness income total
- budgetPlan for spending
- fiscalOf public revenue
- investmentDeploying capital for returns
taxation · profitability · deficit · bailout · funding · dividend · debt burden · financial performance
nationalization
Government acquisition of industry
- privatizationState sells public assets
- public ownershipState-held property or enterprise
- governmentAuthority over a state
bureaucracy · civil service · administration · accountability · transparency · regulation · policy · central planning · reform · restructuring
monopoly
One seller, no substitutes
- market dominanceControl over a sector
- antitrustAgainst corporate market dominance
- barriers to entryFactors blocking market access
market share · deregulation · liberalization · fair competition · level playing field · crowding out · private sector · commercialization · tendering · procurement
utilities
Essential infrastructure services
- railwaysFixed-track transport systems
- telecommunicationsRemote signal transmission technology
- energyPower to do work
postal services · airlines · mining · steel · oil and gas · banking · broadcasting · water · defense · healthcare
public good
Non-excludable shared benefit
- public interestSocietal welfare and benefit
- welfareComfort and prosperity
- essential servicesIndispensable public functions
strategic assets · national security · employment · universal access · service delivery · infrastructure
subsidy
Financial assistance from government
investment · taxation · profitability · deficit · bailout · funding · dividend · debt burden · financial performance · operating costs
state enterprisesprivate sector
Economy outside government control
private companies · private enterprise · private corporations · family-owned businesses · sole proprietorships
state enterprisesmultinational corporations
Businesses operating in multiple countries
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