We use new firm-level data to examine the effects of firm divestitures and privatization on corporate performance in a …'s profitability but do not alter its scale of operations, while the effect of privatization depends on the resulting ownership … structure – sometimes improving performance and sometimes bringing about decline. The effects of privatization are thus more …

privatization in different countries. The discussed effects include: effects on consumers, tax-payers, workers, shareholders; on …

We use new firm-level data to examine the effects of spinoffs and privatization on corporate performance in a rapidly … spinoffs increase the firm’s profitability but do not alter its scale of operations, while the effect of privatization … consistent with tunneling (looting) by managers or (partial) owners. The effects of privatization are hence much less clear …

We analyze the effect of ownership on post-privatization performance in a virtually complete population of medium and … large firms privatized in a model large-scale privatization economy (Czech Republic). We find that concentrated foreign …

This paper offers a quantitative evaluation of the distribution of the welfare of a water privatization experience in … privatization. Second and contrary to what is often claimed, users benefited through lower real water prices. Third, labor …

Is privatization per se socially beneficial? Or do those benefits depend on the subsequent changes in the regulatory … counterfactuals about British Telecom privatization and regulation. In the factual scenario, the British government decided to …