02160nam a22003137a 4500003000400000005001700004008004100021022001400062022001400076040001700090041000800107100003500115245017600150260004700326300001900373362007100392520087300463630003801336650004501374650002601419650002101445650002901466700004001495700003701535856008301572942000801655952016801663999001501831OSt20260514103943.0260121b        |||||||| |||| 00| 0 eng d  a1558-9080  a1943-4529  aTBSbENcTBS  aeng  aMusacchio, Aldo927062eauthor  aNew varieties of state capitalism: Strategic and governance implicationsb: strategic and governance implicationscAldo Musacchio, Sergio G. Lazzarini, & Ruth V. Aguilera.  bAcademy of Management Perspectives,c2015.  a115-131 pages.  aAcademy of Management perspectives, 2015-02, Vol.29 (1), p.115-131  aWe 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. 0aMSc International Business926977 0aCapital marketxGovernment policy927063 0aEconomic policy96779 0aCapitalism95206 0aStrategic planning93573  aLazzarini, Sergio G.927064eauthor  aAguilera, Ruth V.927065eauthor  uhttps://research-ebsco-com.hub.tbs-education.fr/c/q5dvh4/viewer/pdf/ugcicgcxhb  2lcc  00102lcc40708CTaTBSbTBSd2026-05-14l0p5220r2026-05-14uhttps://research-ebsco-com.hub.tbs-education.fr/c/q5dvh4/viewer/pdf/ugcicgcxhbw2026-05-14yARTICLE  c5220d5220