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The United States federal government chartered and owned corporations operate to provide public services. Unlike government agencies such as the Environmental Protection Agency, the Bureau of Indian Affairs, or independent commissions, such as the Federal Communications Commission, the Nuclear Regulatory Commission, and others, they have a separate legal personality from the federal government.
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation.SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce.
A state-owned enterprise is a commercial enterprise owned by a government entity in a capitalist market or mixed economy.Reasons for state ownership of commercial enterprises are that the enterprise in question is a natural monopoly or because the government is promoting economic development and industrialization.
Local government councils and similar authorities also set up locally controlled enterprises, such as water-supply companies and "local-authority trading enterprises" (LATEs) as separate corporations or as business units of the councils concerned. Government-owned businesses designated as crown entities include: Television New Zealand; Radio ...
Complete outsourcing or contracting out, with a privately owned corporation delivering the entire service on behalf of the government. This may be considered a mixture of private sector operations with public ownership of assets, although in some forms the private sector's control and/or risk is so great that the service may no longer be ...
For the past couple of years, the unassuming store at 255 Storyteller Road has stood out as the sole remaining Gullah-owned grocery on the entire 64 square-mile island of 10,000 residents.
Government-owned companies in the United States, including those belonging to individual states and municipalities. Subcategories This category has the following 5 subcategories, out of 5 total.
They are typically "organisations with independent corporate status, managed by an executive board appointed primarily by local government officials, and with majority public ownership." [1] Some municipally owned corporations rely on revenue from user fees, distinguishing them from agencies and special districts funded through taxation. [2]