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DOI: 10.1590/2179-8966/2017/27922. Resumo Partindo do reconhecimento de que a governanca corporativa tornou-se uma tecnologia dominante para disciplinar conflitos corporativos, este trabalho avalia sua extensao para o ambiente empresarial das companhias estatais de economia mista. O artigo discute, a partir de estudos de caso, os dilemas singulares destas empresas. Os casos analisados sao a Sabesp, diante da crise hidrica de Sao Paulo, e a Eletrobras, em vista da revisao das concessoes do setor eletrico. O estudo dos casos permite entender em concreto o conflito de interesses apresentado pela literatura juridica de forma hipotetica. Com base nisso, o artigo apresenta uma tipologia dos conflitos que se aplica a estes casos e casos similares.  Palavras-chaves:  Governanca corporativa; Empresas estatais; Conflito de interesses; Politica publica. Abstract Recognizing that corporate governance currently dominates the debate over conflicts of interest in companies, this paper evaluates how the corporate governance debate extends to mixed corporations. The paper undertakes case studies to appraise state-owned companies’ particular dilemmas. Cases studied were the water crisis faced by Sabesp and the renegotiation of public concessions held by the Federal Government through Eletrobras. The cases suggest how the corporate governance of mixed corporations works in action, compared to the hypotheses of the literature. Then, we use our findings to propose a typology of conflicts to explain these cases and other conflicts which may arise in similar state-owned corporations. Keywords:  Corporate governance; State-owned corporations; Conflicts of interest; Public policy.

Conflito de Interesses nas Empresas Estatais: Uma análise dos casos Eletrobrás e Sabesp