The Financial Performance and Macrofinancial Implications of Large State-Owned Enterprises in Sub-Saharan Africa /

Using a newly-compiled dataset of state-owned enterprises in Sub-Saharan Africa, we present aggregate information about profitability, liquidity and leverage. We find that 40 percent of the close to 300 surveyed SOEs are unprofitable, while larger firms also tend to be illiquid and overleveraged. In...

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Bibliographic Details
Main Author: Wezel, Torsten
Other Authors: Carvalho, Naly
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2022.
Series:IMF Working Papers; Working Paper ; No. 2022/056
Subjects:
Online Access:Full text available on IMF