Abstract
State owned enterprises (SOEs) played an important role in establishing resource based industry (RBI). They differed in size, product strategy, organizational structure, autonomy and commercial orientation. Few SOEs adopted an appropriate product strategy and the organization of many failed to secure adequate autonomy for commercial operation. When RBI prices fell the highly autonomous, diversified SOEs engaged in joint ventures (in which multinational resource corporations held over 25% of the equity in prudently financed RBI projects) proved most resilient.
Full Text 
Sign-in/Register to access full text options
Sign-in/Register to access full text options 
Published version (
Free)
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
