Publication:
Using ORBIS to Build a Global Database of Firms with State Participation

dc.contributor.authorDall'Olio, Andrea
dc.contributor.authorGoodwin, Tanja
dc.contributor.authorMartinez Licetti, Martha
dc.contributor.authorOrlowski, Jan
dc.contributor.authorPatiño Peña, Fausto
dc.contributor.authorRatsimbazafy, Francis
dc.contributor.authorSanchez-Navarro, Dennis
dc.date.accessioned2023-01-10T21:03:04Z
dc.date.available2023-01-10T21:03:04Z
dc.date.issued2022-12
dc.description.abstractThis paper develops a novel methodology to construct a harmonized cross-country database of the state’s footprint in markets: the Businesses of the State database. The methodology of the database is built on three criteria—(i) a harmonized definition of state-owned enterprises, (ii) identification of direct and indirect state ownership linkages at the national and subnational levels across the corporate sector, and (iii) classification of economic activities depending on their efficiency rationale—which conceptualize a framework to trace state presence in the corporate sector across economic activities. The database is constructed leveraging different firm-level data sources including the ORBIS Global Database, as the primary data source, which is then complemented with supplementary data sources (EMIS Intelligence, Factiva, Worldscope, Pitchbook, among others) to mitigate ORBIS’s data limitations across countries and regions. The Businesses of the State database identifies an unprecedented number of firms with state participation across countries and economic activities, as well as providing novel insights on financial performance, economic performance, and governance of state-owned enterprises. A deep-dive analysis of 36 countries within the Businesses of the State database shows that 69 percent of state-owned enterprises operate in competitive activities (low efficiency-rationale for state participation), 16% are in partially contestable industries (moderate efficiency rationale), and 15 percent are natural monopolies (strong efficiency rationale). Furthermore, this analysis suggests that performance-based productivity of state-owned enterprises (revenue per worker) is negatively correlated with government control variables, such as government shareholding percentage and direct versus indirect government ownership.en
dc.identifierhttp://documents.worldbank.org/curated/en/099800112132221252/IDU03d9586040b28504839081120922e33694f65
dc.identifier.doi10.1596/1813-9450-10261
dc.identifier.urihttps://hdl.handle.net/10986/38447
dc.languageEnglish
dc.language.isoen
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Papers;10261
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectPUBLIC ENTERPRISES
dc.subjectFIRMS
dc.subjectSTATE PARTICIPATION
dc.subjectBUSINESSES OF THE STATE DATABASE
dc.subjectSTATE-OWNED ENTERPRISE DATABASE
dc.subjectGOVERNANCE OF STATE-OWNED ENTERPRISES
dc.titleUsing ORBIS to Build a Global Database of Firms with State Participationen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleUsing ORBIS to Build a Global Database of Firms with State Participation
okr.date.disclosure2022-12-13
okr.date.doiregistration2025-04-10T10:18:54.926908Z
okr.date.lastmodified2022-12-16T00:00:00Zen
okr.doctypeWorking Papers
okr.doctypeWorking Papers:: Policy Research Working Papers
okr.docurlhttp://documents.worldbank.org/curated/en/099800112132221252/IDU03d9586040b28504839081120922e33694f65
okr.guid099800112132221252
okr.identifier.doi10.1596/1813-9450-10261
okr.identifier.externaldocumentumIDU-3d958604-b285-4839-8112-922e33694f65
okr.identifier.internaldocumentum33954934
okr.identifier.reportWPS10261
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099800112132221252/pdf/IDU03d9586040b28504839081120922e33694f65.pdfen
okr.topicFinance and Financial Sector Development::Public & Municipal Finance
okr.topicInfrastructure Economics and Finance::Infrastructure Finance
okr.topicPublic Sector Development::Decentralization
okr.topicPrivate Sector Development::Business Environment
okr.topicPrivate Sector Development::Competitiveness and Competition Policy
relation.isAuthorOfPublication22e84fe5-08f4-51f7-8c5d-ca2650cdc91e
relation.isAuthorOfPublication.latestForDiscovery22e84fe5-08f4-51f7-8c5d-ca2650cdc91e
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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