Does the State implement public policies through its State-Owned Enterprises?
As many States around the world do, the Chilean State can implement public policies through its companies. In the case of our country, it is necessary that their activities are developed subject to the rules governing the respective market in which they participate and to the rules of common law. In addition, they must do so in a transparent manner, i.e., explaining their public policy objectives (separate from their commercial objectives), as well as the resources associated with them.
Transparency in the performance of public policy objectives (and their separation from commercial objectives) is one of the OECD's guidelines for the governance of State-Owned Enterprises.