CESD Research Paper: The Current Situation and Problems of State-Owned Enterprises in Azerbaijan

CESD Research Paper: The Current Situation and Problems of State-Owned Enterprises in Azerbaijan The State-Owned Enterprises of Azerbaijan are involved in the resource sector such as power generation, production of oil and gas, supply of water and airway, railway and freight services as well. Azerbaijani SOEs, such as the State Oil Company of the Azerbaijan Republic (SOCAR), “Azerenerji” and “Azersu” are Closed Joint-Stock Companies that enjoy... Read More

The Current Situation and Problems of State-Owned Enterprises in Azerbaijan

The Current Situation and Problems of State-Owned Enterprises in Azerbaijan State-Owned Enterprises (SOEs) are identified as entities that the state possesses directly or indirectly, more precisely, if the government owns more than 50.01% of shares of the companies they are considered as the SOEs (Orbis and other databases). Approximately 10% of the largest companies in the world are owned by the states. In most cases, being a state-owned firm is... Read More