01860cas a2200277 a 4500 AALejournalIMF016039 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513519296 1018-5941 BD-DhAAL BD-DhAAL Baum, Anja. Governance and State-Owned Enterprises : How Costly is Corruption? / Anja Baum, Clay Hackney, Paulo Medas, Mouhamadou Sy. Washington, D.C. : International Monetary Fund, 2019. 1 online resource (43 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students State-owned enterprises (SOEs) are present in key sectors of the economies around the world. While they can provide an important public service, there is widespread concern that their activities are negatively affected by corruption. However, there is limited cross-country analysis on the costs of corruption for SOEs. We present new evidence on how corruption affects the performance of SOEs using firm level data across a large number of countries. One striking result is that SOEs perform as well as private firms in core sectors when corruption is low. Taking advantage of a novel database reforms, we also show that SOE governance reforms can generate significant performance gains. Mode of access: Internet Hackney, Clay. Medas, Paulo. Sy, Mouhamadou. IMF Working Papers; Working Paper ; No. 2019/253 Full text available on IMF http://elibrary.imf.org/view/journals/001/2019/253/001.2019.issue-253-en.xml IMF e-Library