Brazil's State-Owned Enterprises

Brazil's State-Owned Enterprises PDF

Author: Thomas J. Trebat

Publisher: Cambridge University Press

Published: 1983-08-31

Total Pages: 316

ISBN-13: 0521237165

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The economic role of the state; Origins of public enterprise in Brazil; The control of public enterprise in Brazil; Relationship with economic growth; Sources of growth and rates of return; Policies on pricing; The financing of public enterprise investment.

Reinventing State Capitalism

Reinventing State Capitalism PDF

Author: Aldo Musacchio

Publisher: Harvard University Press

Published: 2014-04-22

Total Pages: 358

ISBN-13: 0674729684

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The wave of liberalization that swept world markets in the 1980s and 90s altered the ways that governments manage their economies. Reinventing State Capitalism analyzes the rise of new species of state capitalism in which governments interact with private investors either as majority or minority shareholders in publicly-traded corporations or as financial backers of purely private firms (the so-called "national champions"). Focusing on a detailed quantitative assessment of Brazil's economic performance from 1976 to 2009, Aldo Musacchio and Sergio Lazzarini examine how these models of state capitalism influence corporate investment and performance. According to one model, the state acts as a majority investor, granting the state-owned enterprise (SOE) financial autonomy and allowing professional management. This form, the authors argue, has reduced many agency problems commonly faced by state ownership. According to another hybrid model, the state uses sovereign wealth funds, holding companies, and development banks to acquire a small share of equity ownership in a corporation, thereby potentially alleviating capital constraints and leveraging latent capabilities. Both models have benefits and costs. Yet neither model has entirely eliminated the temptation of governments to intervene in the operation of natural resource industries and other large strategic enterprises. Nevertheless, the longstanding debate over whether private ownership is superior or inferior to state capitalism has become irrelevant, Musacchio and Lazzarini conclude. Private ownership is now mingled with state capital on a global scale.

Human Rights and Environmental Sustainability in State-Owned Enterprises

Human Rights and Environmental Sustainability in State-Owned Enterprises PDF

Author: Judith Schönsteiner

Publisher: Taylor & Francis

Published: 2024-09-02

Total Pages: 218

ISBN-13: 1040132111

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This book presents case studies on the human rights performance of state-owned enterprises from four Latin American and three European countries, as well as foreign investments by Chinese state-owned enterprises on these continents. State-owned enterprises are considered among some of the worst perpetrators of contamination and corporate human rights violations around the globe, both domestically and abroad. This volume examines whether companies implement the UN Guiding Principles on Business and Human Rights and how their state owners regulate or incentivize their human rights compliance. Studies cover different sectors ranging from finance to extractives and air transport in Brazil, Chile, China, Ecuador, Finland, France, Germany, and Mexico and allow contrasts between companies from countries with different degrees of human rights regulation, including due diligence and supply chain laws. The work shows that states are rather hesitant to implement the UN Guiding Principles “leading by example.” The book will be essential reading for academics, researchers, and policy-makers working in the areas of international human rights law, comparative administrative law, and corporate social responsibility.

State-Owned Enterprises in High Technology Industries

State-Owned Enterprises in High Technology Industries PDF

Author: Rami Ramamurti

Publisher: Praeger

Published: 1987-01-19

Total Pages: 0

ISBN-13: 0275921565

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This book provides a study of state-owned enterprises (SOEs) in the high technology industries of newly industrializing countries. Concentrating on cases in India and Brazil, State-Owned Enterprises in High Technology Industries covers such factors as the economic and political impact of SOEs both at home and abroad; the question of whether they present a threat or an opportunity for multinationals; and the factors shaping the performance of high technology SOEs. Case studies of two successful Brazilian SOEs and one successful and one disasterous Indian company are provided. The book concludes with a discussion of the potential effectiveness of SOEs in high technology industries and discusses the implications for government policy and multinationals.

The Routledge Handbook of State-Owned Enterprises

The Routledge Handbook of State-Owned Enterprises PDF

Author: Luc Bernier

Publisher: Routledge

Published: 2020-05-27

Total Pages: 679

ISBN-13: 135104253X

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State-owned enterprises make up roughly 10 percent of the world economy, yet they are woefully understudied. This handbook offers the first synthesis of the topic since the 1980s and offers a comprehensive reference for a generation. The authors provide a detailed explanation of the theory that underpins the expansion of state-owned enterprises in the 21st century. Each chapter delivers an overview of current knowledge, as well as identifying issues and relevant debates for future research. The authors explain how state-owned enterprises are used in both developed and developing countries and offer an insight into complex and fascinating organizations such as the German municipal conglomerates or the multinational companies owned by states. New modes of governance and regulation have been invented to make sure they act in the public interest. This handbook brings together a wealth of international scholars, offering multiple theoretical perspectives to help shape a brave new world. It will be of interest to teachers and students of Economics, Public Administration and Business, academics, established researchers and PhD students seeking rigorous literature reviews on specific aspects of SOEs, as well as practitioners and decision makers in international organizations.

Brazil Is Not for Amateurs

Brazil Is Not for Amateurs PDF

Author: Belmiro V. J. Castor

Publisher: Xlibris Corporation

Published: 2003-01-16

Total Pages: 265

ISBN-13: 1469104326

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Who should read this book? I cant imagine anyone who would not enjoy and benefit from this insightful overview. Obviously, those with current or future business interests in Brazil should read it, as should anyone planning a visit. Students and scholars interested in the politics, governance or administration of any country, would benefit enormously from studying Belmiros objective and skeptical methodology. In our increasing global interdependence, this is a good time to enhance our knowledge of the political, economic, and social conditions in this giant of the southern hemisphere. Belmiros astute analyses are presented in an optimistic, good humored style, reflecting a kind of tough love. He appreciates and extols the virtues and potential of Brazil, but is not blind to its flaws, and leaves the reader with an intricate, balanced A. W. McEachern, Professor Emeritus of Public Administration University of Southern California