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Firms can take advantage of being owned by the state through utilising political connections. In other words, firms can use their state ownership to get access to resources they need to operate and create profit.
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This page is a summary of: When governments own firms: toward a more nuanced understanding of the influence of state ownership on firm performance, Corporate Governance The International Journal of Business in Society, April 2025, Emerald,
DOI: 10.1108/cg-10-2022-0409.
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