Walking the tightrope: successful management of public and private interests in hybrid state-owned enterprises

This work is a cs-QCA study which compares eight Brazilian cases involving conflicts of interests between public and private logics, to determine whether and under what conditions it is possible to manage these conflicts. In three cases, the organization was able to satisfy both public and private interests. This resulted from a set of conditions which cannot be considered in isolation from each other. Based on these results, we develop propositions which can be tested in future studies. This paper contributes to the literatures on stakeholders, institutional pluralism and institutional transitions, and to knowledge about strategic management of hybrid SOEs.