The role and behavior of European state-owned enterprises in times of crisis. Ghent University
China’s model of state capitalism and the Great recession have renewed interest in state-owned enterprises (SOEs). This project uses a unique pan-European firm-level database to analyze: the performance of SOEs compared to private firms; the role of SOEs in how economies cope with large-scale shocks; and whether SOEs mitigate the impact of financial markets’ failure in crisis times.