Suchergebnisse

The article aims to empirically indicate the share and industry characteristics of the largest state-owned enterprises in five selected countries of Central and Eastern Europe. Furthermore, based on the analysis, an attempt is made to answer relevant research questions: Whether and to what extent after almost 30 years of transition have the economies of the analysed countries become similar to the economies of selected developed countries of Western Europe with regard to the scope of state ownership in the economy? If so, to what extend? Could the economies of the analysed countries be seen as an occurrence of growing importance of state-owned enterprises after the financial crisis of 2008–2009, referred to in the literature as the "return of state-owned enterprises"? The analysis of the scope of state ownership in the economy was made using the processed and completed source data contained in the Orbis database. The study consists of three parts. The first part presents methodological assumptions of the analysis, definitions, description of data sources and basic characteristics of the studied set of enterprises. The second part contains data on state-owned enterprises in the analysed countries, divided into the state-owned and statecontrolled with a minority shareholding also includes industry-specific analysis. The third part contains synthetic international comparisons and a retrospective analysis, including the status and characteristics of state-owned enterprises in the surveyed countries in 2009, 2013 and 2017. The conclusions contained in the summary indicate a significant diversification of the scope and importance of state enterprises in the economies of the analysed countries.

AbstractThis paper analyzes the share of state‐owned enterprises on the Fortune Global 500 lists from 2005 to 2020. The purpose is to answer two research questions—what is the share of SOEs among the world's largest companies, and is this share increasing over the years? Regarding studies of large sets of companies, the novelty of this article is the method in which SOEs were identified—based on the criterion of actual corporate control of the state and not the threshold of state ownership. The results show that the share of SOEs in the group of the world's largest companies is higher than indicated in previous similar studies, and this value has increased significantly over the last 15 years. In 2005, there were 64 SOEs on the list; in 2020, there were 141 (with the highest number—142—in 2015). In this period, the share of SOEs in revenues doubled (to almost 30%), in assets more than tripled and the total number of employees from SOEs from the list more than doubled. However, these increases were almost solely due to the growth of the Chinese economy, which resulted in more Chinese SOEs being included on the list.