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The present paper analyzes the top ten Italian state-owned enterprises (SOEs) over the period 2004-2013, after both their corporate organization and their markets have been deeply reformed. We question whether SOEs' strategies are more profit or public oriented. The authors find that, on...
Persistent link: https://www.econbiz.de/10011432120
majority shares of the Petrol Ofisi (The PO) that has been the leading oil distribution company. The PO privatization project … privatization process, 7 % of the shares of the PO were publicly held in the Istanbul Stock Exchange (ISE). In the first step, a … privatization or a common merging transaction. …
Persistent link: https://www.econbiz.de/10010338848
The privatization of state-owned enterprises (SOE) in transition economies has often been found to improve employment … enhanced if privatization also promotes firms’ exports. A recent firm-level analysis of China reveals that privatization has …
Persistent link: https://www.econbiz.de/10011557631
Privatization has played an important role in national economic reform in Vietnam. However, unlike other transitional … countries in Central and Eastern Europe, Vietnam has chosen a partial and gradual privatization where the government still holds … significant ownership in most privatized firms. Whether partial privatization can enhance privatized firms’ performance or full …
Persistent link: https://www.econbiz.de/10013273633
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This paper analyzes the interaction between two political economy decisions by a government: whether to privatize a public firm and what environmental policy to choose (an environmental tax or an emission standard). We find that when market competition is weak the government does not privatize...
Persistent link: https://www.econbiz.de/10012268122
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This paper's aim is to provide a different standpoint in the development debate, by focusing on the short-sightedness of the international institutions when they propose a development agenda. Focusing on macroeconomic performance and on privatisation, they have found a solution in PPPs, which...
Persistent link: https://www.econbiz.de/10011907037