Efficient Management of State-Owned Enterprises: Challenges and Opportunities

SOEs remain a critical source of employment, public service provision, and socioeconomic development in most developing Asian countries. However, the overlapping ownership and management functions of most developing countries’ governments coupled with the unclear and indefinite mandates for most SOEs have severely undermined the efficiency of SOEs in their countries for several decades. The lack of a centralized and credible database on SOEs in some countries has made monitoring and evaluating their performance even harder. Few points suggested in this paper to improve SOEs performance and address the challenges.