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State-Owned Enterprises as Institutional Actors in Contemporary Capitalism and Beyond by Olivier Butzbach (University of Campania 'Luigi Vanvitelli' (Italy)) at Abbey's Bookshop,
State-Owned Enterprises as Institutional Actors in Contemporary Capitalism and Beyond
— —
Olivier Butzbach (University of Campania 'Luigi Vanvitelli' (Italy)) Douglas B. Fuller (Copenhagen Business School)

State-Owned Enterprises as Institutional Actors in Contemporary Capitalism and Beyond

Olivier Butzbach (University of Campania 'Luigi Vanvitelli' (Italy)),  Douglas B. Fuller (Copenhagen Business School),  Gerhard Schnyder (Loughborough University) ,  Luda Svystunova (Loughborough University)

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English
Cambridge University Press
06 February 2025
Corporate governance & responsibilities
Series: Elements in Reinventing Capitalism
This Element qualifies the common understanding of State-Owned Enterprises (SOEs) as mere instruments of the state and instead conceive of them as economic actors in their own right. Specifically, SOE top management teams have leeway to diverge from goals that the state they are owned by pursues. Through 'institutional work' they can even actively shape the institutional framework in which they are embedded. However, the extent of SOE top management teams' leeway for agency is determined by macro- (country), meso- (State–SOE governance system), and industry-level factors. These factors, in turn, vary from country to country and over time. In other words, SOE agency is 'embedded agency.' Combining institutional work and historical institutionalism analytic lenses, this Element presents a multilevel model to understand embedded agency of top management teams of SOEs in contemporary capitalism. The model adds an important element to our understanding of the 'new state capitalism.'
By:   , , ,
Imprint:   Cambridge University Press
Country of Publication:   United Kingdom
Dimensions:   Height: 229mm,  Width: 152mm,  Spine: 5mm
Weight:   149g
ISBN:   9781009474122
ISBN 10:   100947412X
Series:   Elements in Reinventing Capitalism
Pages:   94
Publication Date:  
Audience:   General/trade ,  ELT Advanced
Format:   Paperback
Publisher's Status:   Active
Introduction; 1. A multi-level institutional work perspective on SOE agency; 2. The macro environment; 3. The state–soe governance system; 4. Industry characteristics; 5. Combining determinants: an overall framework to account for soes' institutional work; Conclusion; References.

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