The article explores how public law institutions can be both economically efficient and socially beneficial. It compares countries with different levels of political and legal culture to see how they prioritize the efficiency of state corporations. Established democracies focus on economic efficiency, while newer democracies prioritize social and political benefits. The reputation of managers, checks and balances in management, and accountability of officials all play a role in the success of these institutions. The article emphasizes the importance of balancing economic and social goals for public law institutions to be effective.