How the State owner's function is organized
The State of Chile organizes its functions as a company owner by separating them from its role as a regulator through two mechanisms: on the one hand, with a technical body, the Comité Sistema de Empresas - SEP, regarding 20 state companies; and on the other, through autonomous and responsible corporate governments for their performance. In terms of the financial aspects of the companies, the State controls them through the Ministry of Finance. Likewise, some companies receive guidelines linked to their mandates from sectoral ministries.
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