This paper examines the role of liability for past environmental contamination in the privatization processes of … hypotheses regarding a privatization agency's responses to the investor's knowledge of cleanup costs. The empirical section of …

This paper examines the role of liability for past environmental contamination in the privatization processes of … hypotheses regarding a privatization agency’s responses to the investor’s knowledge of cleanup costs. The empirical section of …

With this theoretical survey the thesis is put forward that the method of privatization as well as the structure of the … privatization agency is choosen by the politicians for politico-economic reasons, and not for reasons of saving transaction costs or … for reasons of ideological preferences. The method of privatization (auction, bargaining, giveaway) is the one that is …