Energy security and state ownership
Energy security and state ownership

Summary/Abstract: The issue of state ownership has been taken up in the literature since the days of Adam Smith. There is a shortage of articles combining state ownership and energy security issues. Energy security and state ownership are extremely important research topics, since state enterprises constitute a significant part of the economies of the Visegrad Group countries (V4), and energy security is one of the most important contemporary problems and a challenge for all Central and Eastern European countries. The aim of the article is to present the ownership structure of V4 energy companies and to indicate the connection of energy security issues with state-owned property. To that end, a critical literature review and comparative analysis were used. At the outset, the concept of energy security and the most important threats and challenges to energy security were presented. Then, it was explained how the state can effectively prevent and counteract challenges, threats, indicating policy measures aimed at ensuring the stable functioning of energy systems. At the end, the results of conducted research on the ownership structure of energy companies in the Visegrad Group countries were presented. The obtained results reveal that state ownership is a predominant model amongV4 energy companies.

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