Showing 1 - 10 of 209
We analyze the extent of the integrated control of the state over privatized firms during the post-privatization decade … bureaucracy are the most likely reasons behind our findings. -- state ownership ; control ; corporate performance ; privatization …
Persistent link: https://www.econbiz.de/10003887481
Finland s state-enterprise sector has been larger than in most countries and included several manufacturing companies. These were usually established because of a scarcity of private venture capital, with a mission to contribute to industrialisation. Some companies have now been privatised in a...
Persistent link: https://www.econbiz.de/10011509381
This paper examines the consequences of creating a fully competitive market in a sector previously dominated by a cost-minimising public firm. Workers in the economy are heterogeneous in their motivation to work in the sector. In line with empirical findings, our model implies that firms in the...
Persistent link: https://www.econbiz.de/10011404420
This paper examines the progress of state-owned enterprise (SOE) reform in the People's Republic of China. After defining SOEs and considering their scope of operation within the PRC economy, the focus of the paper is on the major reform waves that followed the deterioration of SOE profitability...
Persistent link: https://www.econbiz.de/10012026451
Persistent link: https://www.econbiz.de/10003624571
This study evaluates the effectiveness of contracting out mandatory publicly provided counselling and training for long-term unemployed in Flanders (Belgium) to private for-profit and non-profit organisations (FPOs and NPOs). A multivariate transition model exploits timing-of-events and novel...
Persistent link: https://www.econbiz.de/10011376342
This article investigates the patronage phenomenon in the italian, so called, Second Republic. In particular, the analysis argues that (ex) members of parliament are appointed to managerial boards in italian (partially) state-owned enterprises responding to political selection rationales....
Persistent link: https://www.econbiz.de/10011571525
This paper describes the privatization program in Italy during the 1990s and puts that policy in the context of …. The wave of state divestitures reached Italy later than other OECD countries. A deep-rooted tradition of state … attempts at privatization of the 1980s, delaying until 1992 the start of largescale privatizations. These were imposed on …
Persistent link: https://www.econbiz.de/10011507688
We investigate whether public and private sector employees differ in terms of public service motivation using a representative sample of elderly workers from 12 European countries. We find that public sector workers, both those currently employed and those already retired, are significantly more...
Persistent link: https://www.econbiz.de/10010471914
A relatively high labor-intensity in government-run entities need not imply slack in their organization. Rather, it is a rational reaction to various forms of wage tax advantage that the public sector has over private firms. Even though an unequal tax treatment of public and private sectors...
Persistent link: https://www.econbiz.de/10011450501