Lucas’ classic paper (1990) highlighted the paucity of capital flows from rich to poor countries, in contrast with predictions of standard theory. He suggested four explanations – but they cannot explain the copious capital flows from certain emerging relatively low-income countries, notably China, to the USA. Empirical studies confirm Lucas’ observation. Additionally, Prasad et al (2007) showe...

Financial distress in State-Owned Enterprises (SOEs) has been a problematic issue for long time. By 2020, the total debt of SOEs Indonesia reach 1.682 trillion Rupiahs, whereas 68% out all that receive state capital injections are facing bankruptcy. However, more critical perspective still needs to investigate how commitment promoting innovation relates financial SOEs. The existing studies have...

This article studies how the allocation structure of bank credit capital between state-owned and private enterprises government environmental expenditures affect pollution in China. The present literature argues that may play an important role quality improvement. However, these rarely consider State-owned (SOEs) enterprises; addition, they overlook interaction effects expenditures. Based on th...

The quality of performance State-Owned Enterprises (SOEs) in Indonesia is currently the spotlight because it considered unsatisfactory. One causes low this organization level organization's employees which also In study, factors that can affect SOEs are analyzed. These include leadership style, work discipline, motivation and environment. Data were collected by distributing questionnaires to a ...

This study explores the model of state-owned development financial institutions (SODFIs) in South Africa and how African SODFIs contribute to national, continental, international developmental agendas by providing necessary support towards financing domestic projects, thereby mitigating seven categories market failures. It analyses relevant documents latest annual/integrated reports SODFIs, mak...

The quality of governance crucially affects corporate outcomes, and may be particularly important for state-owned enterprises (SOEs) not disciplined by market competition forces. We examine the impact board composition on performance companies controlled public entities in Italy. For this purpose, we exploit a reform-induced exogenous change composition, aimed at increasing female representatio...

Based on a sample of about 600 state enterprises from 1980 to 1994, this paper investigates the productivity performance of SOEs using Data Envelopment Analysis and a Malmquist index. Our empirical results show that the average technical efficiency was low for these firms. Considerable productivity growth was found, but it was accomplished mainly through technical progress rather than through e...

In order to improve the management level of China’s state-owned enterprises, we should consider the management environment of state-owned enterprises and construct a suitable management mode, instead of copying the management experiences in western countries. Based on an in-depth analysis, this paper puts forward suggestions for the management reform in state-owned enterprises from three aspect...