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, Nash and Van Randenborgh (MNR 1994) by using the Wilcoxon and proportion tests to compare the pre- and post-privatization … studies, it has its shortcomings. Indeed, this method is unable to isolate the impact of privatization on firm performance … employed in this paper. Both approaches confirm that privatization in Vietnam brings about significant improvement in most …
Persistent link: https://www.econbiz.de/10010706886
Privatization is an old phenomenon but with important changes for the ten last years. According to the movement …
Persistent link: https://www.econbiz.de/10010708537
We interpret privatization in light of corporate governance theory. After replicating some traditional tests, we test … whatever positive value accrues from privatization is affected by the contextual, organizational, governance, and strategic … variables that influence the privatization process. …
Persistent link: https://www.econbiz.de/10010708641
Persistent link: https://www.econbiz.de/10010706777
The implementation of ethical policies in multinational corporations can lead to a great deal of tension between the centre, the headquarters, and the periphery, subsidiaries. But the efficiency of the ethical policy depends on the consistency of its worldwide implementation. To prevent...
Persistent link: https://www.econbiz.de/10010707246
This paper analyzes the interactions between competitive (wholesale) spot, retail, and forward markets and vertical integration in electricity markets. We develop an equilibrium model with producers, retailers, and traders to study and quantify the impact of forward markets and vertical...
Persistent link: https://www.econbiz.de/10011072430
This paper analyzes the interactions between vertical integration and (wholesale) spot, forward and retail markets in risk management. We develop an equilibrium model that fits electricity markets well. We point out that vertical integration and forward hedging are two separate levers for demand...
Persistent link: https://www.econbiz.de/10011073085
Cet article propose une synthèse de travaux micro-économétriques sur les revenus des médecins libéraux, menés à partir d'un panel représentatif de médecins généralistes. Il présente les résultats de différentes études qui s'interrogent sur l'impact de la régulation de la...
Persistent link: https://www.econbiz.de/10011072489
Persistent link: https://www.econbiz.de/10011072627
In spite of its predominant economic weight in developing countries, little is known about informal sector income dynamics vis-à-vis the formal sector. Some works have been done in this field using household surveys, but they only consider some emerging Latin American countries (Argentina,...
Persistent link: https://www.econbiz.de/10011074340