The performance of state-owned enterprises in taiwan

Abstract

This study reviewed the performance of state-owned enterprises (SOEs) in Taiwan. Focusing on the relationship between SOEs and national economic activities and private enterprises, the study revealed some mixed findings regarding the SOEs’ performance. On the one hand, Taiwan's SOEs have contributed to the state's management of economic activities, including assisting in the continuous economic growth, in the transformation and upgrading of the economic structure, and in the stabilization of the economy during the hard economic times. On the other hand, Taiwan's SOEs are found to be less efficient and less profitable than the similar private enterprises. The Taiwan experience, both positive and negative, provides information to SOEs’ researchers and practitioners to understand the overall phenomenon of SOEs and to consider the future development of them.