State Owned Company

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DataModel:CDQ/Business Partner/Legal Form/Legal Form Category/LF166
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A technical identifier, unique in a certain context. Technical key LF166
Language-specific name. Monolingual name State Owned Company (en)
Language-specific short name. Monolingual short name State Owned Co. (en)
Informal and comprehensive human-readable definition of a concept. Description A company or corporation that is fully owned and controlled by the government. State-owned companies are established to operate in strategic sectors and fulfill public objectives. The government holds all or the majority of shares, granting it authority over decision-making and governance. State-owned companies often play a vital role in the economy, managing key infrastructure, providing essential services, or conducting commercial activities on behalf of the government.