Anna Grosman, Gerhard Schnyder, Alvaro Cuervo‐Cazurra, Ilya Okhmatovskiy, Geoffrey T. Wood
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Rethinking State Capitalism: A Cross-Disciplinary Perspective on the State’s Role in the Economy
We review the multidisciplinary literature on state capitalism and the firm to advance the theoretical foundations of the role of the government as an owner of firms. We explain state capitalism, how it has been theorized, how types of states affect choices within and between organizations, and the implications of government involvement on firm corporate governance structures and processes. Drawing on political economy, finance