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1. State Owned Enterprises aim at preventing inadequate supply of goods and services by private sectors (stabilize the supplies)
2. To rescue private firms from closure if the closure id against public interest.
3. To improve competition
4. To protect national sovereignty for example promotion of indigenous companies
5. Environmental management
6. To check on exploitation by private companies
7. Attract foreign investments
8. Attain social, political and economic objectives
9. SOEs are aimed at reducing social cost for example environmental externalities
10. Creation of employment.
Dullayo answered the question on May 16, 2018 at 08:16
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