International Investment by State-controlled Enterprises: A Source for Concern?
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Wiley
Abstract
The international business activities of state-controlled enterprises appear to differ from those of otherwise comparable private-sector firms, giving rise to issues that provide a basis for corrective policy actions. The rapid growth in international investment by state-controlled enterprises (SCEs), particularly those of China, has raised considerable public disquiet and policy challenges in a number of host countries. Examination of the issues associated with Chinese SCEs reveals grounds for policy concern with regard to transparency and accountability, the pursuit of non-commercial goals, and the deployment of artificially created competitive advantages resulting from government subsidization, preferential treatment, and structural distortions. In light of these concerns, we discuss possible policy responses at the level of the home country, the host economy, and through international regulation.Description
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Strategic Change, 26(3), 261-271.
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Copyright © 2017 John Wiley & Sons. All rights reserved. Authors retain the right to place his/her pre-publication version of the work on a personal website or institutional repository. This article may not exactly replicate the final version published in (please see citation) as it is not a copy of this record. An electronic version of this article can be found online at: (Please see Publisher’s Version).