This paper discusses the most important theoretical contributions to the literature on privatization, focusing on … emerging economies, and gives a summary on recent research concerning the ways privatization might affect the development of … privatization and the reduction in social welfare and the possibility that the privatization process itself may have conflicting …

International organizations promote privatization as precondition for economic development. But is there really too … little privatization? This political economy model asks for the incentives of governments to privatize or restructure a state …-owned firm. Different government types are compared to identify the political and institutional determinants of privatization …

Stock market capitalization in developed countries grew while massive privatization plans were in progress. It is …

discount at privatization IPOs than at private issues, and a positive relation between underpricing and the proportion of …

Even though it is well documented that privatization leads to an improvement in the performance of state … because it does not consider the performance of control firms of similar pre-privatization situations, i.e. the performance of … following privatization. Matching sample firms (privatized) to control firms (SOEs), I document that privatized firms do not …

This paper evaluates the impact of privatization on the development of capital markets in a two-country general … systems) and voucher privatizations (in transition economies). It is shown how these two privatization methods can have an … international asset allocation strategies. We show that even a non-marketed privatization (free distribution of public assets to …

process. Particularly, it analyzes the symbiotic link between share issue privatization (SIP), i.e. privatization in public …

was largely abandoned by the IFIs and privatization and private participation in infrastructure, or PPI became the order …