Showing 1 - 10 of 2,457
the recent claims that social optimum is not implementable and privatization is necessary. We also show that when the … private firm is partly foreign-owned, the government will adopt some privatization and will not implement the social optimum …
Persistent link: https://www.econbiz.de/10010854421
The Italian constitution does not mention competition. A statement in favour of an economy based on free markets could be introduced, but the European Treaties provide a sufficient integration. The Italian constitution considers the public enterprise as the remedy to excessive market power and...
Persistent link: https://www.econbiz.de/10010878177
rapidly changing conditions in a transition economy. The analysis is focused on the question of whether privatization and … liquidated over the period 1999 to 2013. We find that privatization and the choice of privatization option have no effect on the …
Persistent link: https://www.econbiz.de/10010938611
determines whether such performance differs across firms according to their new ownership structure. The Egyptian privatization … program provides unique post-privatization data on different ownership structures. Since most studies do not distinguish … between the types of ownership, this paper provides new insight into the impact that post-privatization ownership structure …
Persistent link: https://www.econbiz.de/10010938720
In this paper we study the role of private debt financing in disciplining a state owned firm operating for a government that incurs a cost of public financing. We show that debt contracts allow the government to avoid socially costly subsidies by letting unprofitable state- owned firms default....
Persistent link: https://www.econbiz.de/10010938986
This paper analyzes if privatization of vocational rehabilitation can improve labor market opportunities for …
Persistent link: https://www.econbiz.de/10010945062
privatization in different countries. The discussed effects include: effects on consumers, tax-payers, workers, shareholders; on …
Persistent link: https://www.econbiz.de/10010960463
industries in the Visegard country of Poland. The intent of the study is to examine the status of the Polish privatization … campaign, review of privatization strategies used and an assessment of successful or unsuccessful campaigns. The review of the … literature to date reflects the relative youth of these privatization initiatives. Unlike the UK privatization effort, which is …
Persistent link: https://www.econbiz.de/10010925346
Winners of the Brazilian privatization auctions (BPAs) earned, on average, a 0.7 percent abnormal return on the days of … prevailing wisdom that auctions are the best method for governments seeking to maximize privatization revenues. Brazilian buyers …
Persistent link: https://www.econbiz.de/10010927764
the privatization process which culminated at the beginning of the transition. Privatization process, which took place in … Croatia back the last two decades through the transformation and privatization, was very complex due to the fact that it took … place in transitional and war environment, and today, two decades since the beginning of the privatization private sector …
Persistent link: https://www.econbiz.de/10011210950