01980nam a22003017a 4500 OSt 20260514103943.0 260121b |||||||| |||| 00| 0 eng d 1558-9080 1943-4529 TBS EN TBS eng Musacchio, Aldo 27062 author New varieties of state capitalism: Strategic and governance implications : strategic and governance implications Aldo Musacchio, Sergio G. Lazzarini, & Ruth V. Aguilera. Academy of Management Perspectives, 2015. 115-131 pages. Academy of Management perspectives, 2015-02, Vol.29 (1), p.115-131 We analyze the new varieties of state capitalism in the 21st century and explore their implications in terms of both strategic and governance outcomes. We begin by discussing how the current theoretical perspectives conceptualize state-owned enterprises' strategic behavior. Then we introduce a stylized distinction between four broad, new varieties of state capitalism—wholly owned state-owned enterprises, the state as a majority investor, the state as a minority investor, and the state as a strategic supporter of specific sectors—and survey each type within the different theoretical perspectives. Last, we examine firm performance for each type of state capitalism relative to private firms and contingent on country-level institutional contingencies. This article contributes to existing debates on comparative capitalisms and the current role of the state. MSc International Business 26977 Capital market Government policy 27063 Economic policy 6779 Capitalism 5206 Strategic planning 3573 Lazzarini, Sergio G. 27064 author Aguilera, Ruth V. 27065 author https://research-ebsco-com.hub.tbs-education.fr/c/q5dvh4/viewer/pdf/ugcicgcxhb lcc 0 0 lcc 0 0 CT TBS TBS 2026-05-14 0 5220 2026-05-14 https://research-ebsco-com.hub.tbs-education.fr/c/q5dvh4/viewer/pdf/ugcicgcxhb 2026-05-14 ARTICLE 5220 5220