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State-owned enterprises (SOEs) are often justified for correcting market failures, providing essential public services, and fulfilling social objectives. Yet, SOEs face unique governance challenges as agency conflicts usually increase with state ownership. This paper examines Brazil's efforts to...
Persistent link: https://www.econbiz.de/10015054007
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 …
Persistent link: https://www.econbiz.de/10011606637
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This paper documents recent structural changes in China's corporate landscape, based on company level data, providing a … complementary perspective to that of official Chinese statistics. We classify China's largest companies by revenue since 2004 (based …
Persistent link: https://www.econbiz.de/10013184745
The Chinese leadership in November 2013 determined to embark upon a new wave of comprehensive reforms in China. This is … clearly reflected by the key decision of the Third Plenum of the 18th Central Committee of Communist Party of China to assign … is crucial because it sends clear signals to both producers and consumers of energy. While the overall trend of China …
Persistent link: https://www.econbiz.de/10010403532
both producers and consumers of energy. While the overall trend of China's energy pricing reform since 1984 has been moving … reforms for coal, petroleum products, natural gas, electricity and renewable power in China, and provides some analysis of … these energy price reforms, in order to have the market to play a decisive role in allocating resources and help China …
Persistent link: https://www.econbiz.de/10011850316
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