State Owned Company
DataModel:CDQ/Business Partner/Legal Form/Legal Form Category/LF166
| Property | Value |
|---|---|
| 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. |