Monopoly is regulated in the regulation of State-Owned Enterprises (SOEs) as right to regulate (bestuur) all state resources mandated by constitution Article 33 1945 Constitution and also BUMN Law Number 19 2003 where one them a company that an entity government-owned business form limited liability company. The capital divided into wholly or at least 51 percent shares owned Republic Indonesia ...

There is no consensus on whether state-owned enterprises (SOEs) or privately-owned (POEs) pollute more. This study explores the impact of ownership pollution emission intensity using micro-data from Chinese industrial enterprises. From perspective energy efficiency, mechanism affecting emissions explored further. Research results show that SOEs significantly higher than POEs. The underlying rea...

In the twenty years since the Cultural Revolution, China has maintained fast real growth. This occurred despite China having similar problems to other transitional economies, eg loss-making State Owned Enterprises (SOEs), eroding fiscal revenues and inflation, (Section 3). Although China initially adopted the Soviet central planning model, after the 1950s break Chinese planning changed towards ...

In this comparative case study research, we reflect on two enterprise resource planning (ERP) implementation stories at two large petrochemical companies in China. These companies implemented the same ERP system in a similar time span (though not at the same time). They are two very large Chinese State-Owned Enterprises (SOEs) and in this paper we highlight the centralization versus decentraliz...

The government ownership's impact on the investment efficiency of enterprises in transitional market – Vietnam was studied using model Tobin's Q, which measures interaction between spending and opportunities for investing as a scale. study exercises method linear regressions based OLS with sample 251 companies listed Ho Chi Minh Stock Exchange from 2015 to 2019. empirical results indicate that ...

As China moves forward in its transition toward a market economy, the budget becomes increasingly important as a policy instrument. Along with monetary policy, it is the Government’s main tool for maintaining macroeconomic stability and allocating resources to achieve policy objectives, taking over the role that used to be preformed by the Plan. As the Plan is stripped of its resource support a...

This paper compares the relative effectiveness of two measures by which the Chinese government attempted to improve the monitoring of listed companies: shifting the ownership of state shares from government agencies (GAs) to the corporate form of state-owned enterprises (SOEs), and strengthening corporate governance through statutory regulations and guidelines. The results show that SOEs are be...

a r t i c l e i n f o We examine oligopoly models of vertical product differentiation in which producing firms face variable costs of quality development. We show that comparing to private oligopoly, mixed oligopoly – whereby state-owned enterprises (SOEs) and private firms coexist – enhances social welfare but reduces firms' profitability. We also demonstrate that Bertrand competition makes fi...

State-owned enterprises (SOEs) continue to improve their performance. One of the efforts taken by Ministry SOEs is restructure into holding companies based on clusters. The formation each company cluster carried out in stages. This study examines effect corporate governance, performance with mediating role value chain. Corporate governance refers results self-assessment, which uniqueness CG ass...