The GAO report did not consider the potential use in the international forum of SOEs as extensions of a nation's foreign policy utensils.
Their legal status varies from being a part of government to stock companies with a state as a regular stockholder.
There is no standard definition of a government-owned corporation (GOC) or state-owned enterprise (SOE), although the two terms can be used interchangeably.
[1] In 2009, the Government of the Islamic Republic of Afghanistan formed the Afghan Public Protection Force (APPF) as a "state owned enterprise" subordinate to the Ministry of the Interior.
State-owned enterprises such as Vale do Rio Doce, Telebrás, CSN, and Usiminas (most of them mixed-economy companies) were transferred to the private sector as part of this policy.
Petro-Canada, Canadian National Railway, and Air Canada are examples of former federal Crown corporations that have been privatized.
In PRC terminology, a state-owned enterprise refers to a particular corporate form, which is increasingly being replaced by the listed company.
[citation needed] As of 2011, 35% of business activity and 43% of profits in the People's Republic of China resulted from companies in which the state owned a majority interest.
Critics, such as The New York Times, have alleged that China's state-owned companies are a vehicle for corruption by the families of ruling party leaders who have sometimes amassed fortunes while managing them.
In the postwar years, Hong Kong's colonial government operated under a laissez-faire economic philosophy called positive non-interventionism.
[citation needed] Examples of present-day statutory bodies include the Airport Authority, responsible for running the Hong Kong International Airport, or the Housing Authority, which provides housing to about half of Hong Kong residents.
Companies owned by the Ministry of Economy and Finances: State-owned enterprises in Japan are commonly divided into tokushu hōjin (ja:特殊法人, lit.
Parastatals in Kenya, partly from a lack of expertise and endemic corruption, have largely inhibited economic development.
In 1979, a presidential commission went as far as saying that they constituted "a serious threat to the economy", and, by 1989, they had still not furthered industrialization or fostered the development of a Black business class.
Government-owned businesses designated as crown entities include: New Zealand's state-owned enterprises have included: State-owned enterprises which have undergone privatisation and subsequent renationalisation: Pakistan has a large list of government owned companies called State owned entities (SOEs).
These SOEs, roughly 190 in number, operate in a wide range of economic areas including energy, communication, transport, shipping, trading, and banking & finance.
The state of Romania owns a minority stake in: Government-linked corporations play a substantial role in Singapore's domestic economy.