This paper presents an analysis of how government ownership of an enterprise may affect its profitability. In August 1981, two Quebec Crown Corporations announced that they had gained control of Domtar, a private Canadian corporation. Upon receipt of this information the stock's market value...

The popularity of Public-Private Partnerships (PPPs), as a way for governments to get infrastructure built, continues to grow. But while the public is often led to believe that this is because they result in a more efficient use of taxpayer funds and a more streamlined process, this is not...

The Canadian Northern Corridor (CNC) is a proposed multimodal, multijurisdictional corridor. It is a highly complex, long-term infrastructure project. Such projects often fail to get implemented, but the limited evidence suggests that they can get built when a single entity (a national...

Most privatizations in Canada occurred in the 10-year period from the mid-1980s to the mid- 1990s, and while many of the remaining candidates are both politically and economically problematic, the Harper government has signaled its renewed interest in more privatizations. This paper, written by...

The purposes of the paper are to determine whether governments underprice shares in fixed-price share-issue privatizations (SIPs) and, if so, what their motivations are for doing so. This paper develops three models of SIP underpricing: one based on revenue goals, one based on political goals...

This study develops a model of the determinants of individual commitment to the implementation of the decision (decision commitment). Decision commitment requires each individual in a decision-making group to understand the hows, whys and wherefores of the group decision (decision...

Large amounts of e-waste are processed "informally" in lower income countries. Such processing releases dangerous pollutants, which increase mortality and reduce cognitive functioning. This paper estimates the social cost of informal e-waste processing in Southern China. This parameter may be...