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Objectives and Incentives : Evidence from the Privatisation of Great Britain's Power Plants

Triebs, Thomas - 2020

Does privatisation increase firm productivity because the private owner's objective is different, or because she is better able to control management? Is privatisation sufficient to improve productivity, or is it only effective in combination with competition? We answer these questions for Great...

Persistent link: https://www.econbiz.de/10012854356

The Welfare Implications of Oil Privatization : A Cost-Benefit Analysis of Norway's Statoil

Wolf, Christian O. H.; Pollitt, Michael G. - 2009

The oil industry is of great economic significance to many countries, and privatisations of National Oil Companies (NOCs) have often been controversial, as have been the benefits from privatisation more generally. We conduct a social cost-benefit analysis of the partial privatisation of Norway's...

Persistent link: https://www.econbiz.de/10014215194

Is Privatization Enough? Finding Performance Breaks for UK Power Plants

Triebs, Thomas P.; Pollitt, Michael G. - Judge Business School <Cambridge> - 2010

The literature shows that for most UK industries privatization might be necessary but is not sufficient to produce … than privatization itself. We ask what changes around privatization had the greatest impact on efficiency for UK … electricity generators. We analyse the effects of privatization and other changes in incentives on plant efficiency using a newly …

Persistent link: https://www.econbiz.de/10009354096

Privatising National Oil Companies : Assessing the Impact on Firm Performance

Wolf, Christian O. H. - 2008

This study empirically investigates the impact of privatisation on firm performance in the global oil and gas industry, where questions of resource control have regained widespread attention. Using a dataset of 60 public share offerings by 28 National Oil Companies it is shown that privatisation...

Persistent link: https://www.econbiz.de/10012725713