what is state owned enterprise
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A state-owned enterprise or government-owned enterprise is a business enterprise where the government or state has significant control through full, majority, or significant minority ownership.
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A State Owned Enterprise (SOE) is a body formed by the government through legal means so that it can take part in activities of a commercial nature. Essentially, SOEs are created to undertake commercial activities. Sales and trading is the lifeblood that makes or breaks a securities firm on behalf of the government.
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