State enterprises in the steel sector:
This report assesses the extent and implications of the presence of state enterprises in the steel industry. There are concerns about the potential lack of transparency and accountability as well as competitive advantages that state enterprises may have over competitors. In 2016, 22 of the world...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2018
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| Schriftenreihe: | OECD Science, Technology and Industry Policy Papers
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| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This report assesses the extent and implications of the presence of state enterprises in the steel industry. There are concerns about the potential lack of transparency and accountability as well as competitive advantages that state enterprises may have over competitors. In 2016, 22 of the world's 100 largest steelmaking companies were state enterprises, representing at least 32% of global crude steel output in 2016. Firm-level data suggest that state enterprises in the steel sector are likely to be associated with weaker economic performance and higher levels of indebtedness, compared to private enterprises. The analysis in this paper shows that this is particularly relevant for state enterprises located in non-OECD economies. Data on steelmaking capacity investments show that state enterprises have contributed significantly to the increase in global steelmaking capacity, although financial data show that state enterprises obtain lower profits for each unit of fixed costs than comparable private counterparts |
| Beschreibung: | 1 Online-Ressource (47 Seiten) |
| DOI: | 10.1787/2a8ad9cd-en |
Internformat
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| 520 | |a This report assesses the extent and implications of the presence of state enterprises in the steel industry. There are concerns about the potential lack of transparency and accountability as well as competitive advantages that state enterprises may have over competitors. In 2016, 22 of the world's 100 largest steelmaking companies were state enterprises, representing at least 32% of global crude steel output in 2016. Firm-level data suggest that state enterprises in the steel sector are likely to be associated with weaker economic performance and higher levels of indebtedness, compared to private enterprises. The analysis in this paper shows that this is particularly relevant for state enterprises located in non-OECD economies. Data on steelmaking capacity investments show that state enterprises have contributed significantly to the increase in global steelmaking capacity, although financial data show that state enterprises obtain lower profits for each unit of fixed costs than comparable private counterparts | ||
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| language | English |
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| spelling | Mattera, Gianpiero Verfasser aut State enterprises in the steel sector Gianpiero Mattera and Filipe Silva Paris OECD Publishing 2018 1 Online-Ressource (47 Seiten) txt rdacontent c rdamedia cr rdacarrier OECD Science, Technology and Industry Policy Papers This report assesses the extent and implications of the presence of state enterprises in the steel industry. There are concerns about the potential lack of transparency and accountability as well as competitive advantages that state enterprises may have over competitors. In 2016, 22 of the world's 100 largest steelmaking companies were state enterprises, representing at least 32% of global crude steel output in 2016. Firm-level data suggest that state enterprises in the steel sector are likely to be associated with weaker economic performance and higher levels of indebtedness, compared to private enterprises. The analysis in this paper shows that this is particularly relevant for state enterprises located in non-OECD economies. Data on steelmaking capacity investments show that state enterprises have contributed significantly to the increase in global steelmaking capacity, although financial data show that state enterprises obtain lower profits for each unit of fixed costs than comparable private counterparts Science and Technology Industry and Services Silva, Filipe ctb https://doi.org/10.1787/2a8ad9cd-en Verlag kostenfrei Volltext |
| spellingShingle | Mattera, Gianpiero State enterprises in the steel sector Science and Technology Industry and Services |
| title | State enterprises in the steel sector |
| title_auth | State enterprises in the steel sector |
| title_exact_search | State enterprises in the steel sector |
| title_exact_search_txtP | State enterprises in the steel sector |
| title_full | State enterprises in the steel sector Gianpiero Mattera and Filipe Silva |
| title_fullStr | State enterprises in the steel sector Gianpiero Mattera and Filipe Silva |
| title_full_unstemmed | State enterprises in the steel sector Gianpiero Mattera and Filipe Silva |
| title_short | State enterprises in the steel sector |
| title_sort | state enterprises in the steel sector |
| topic | Science and Technology Industry and Services |
| topic_facet | Science and Technology Industry and Services |
| url | https://doi.org/10.1787/2a8ad9cd-en |
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