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State Ownership and Control in the Czech Republic
Kocenda, Evžen; Hanousek, Jan - CESifo - 2009
We analyze the extent of the integrated control of the state over privatized firms during the post-privatization decade … (1995–2005) in the Czech Republic. During this period the integrated control potential of the state resembled a corporate … pyramid. While pyramidal control was not fully utilized, the golden share in the hands of the state substantially enhanced its …
Persistent link: https://www.econbiz.de/10008533985
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Corporate abilities
Németh, Gergely - Keleti Károly Gazdasági Kar, Óbudai Egyetem
This brief paper aims to discuss (as a review) the notion of organisational/corporate abilities, a term that, albeit frequently used in the business world, often presents ambiguities in terms of its meaning. We tried to uncover an exact definition for it using different approaches, as well as...
Persistent link: https://www.econbiz.de/10005764553
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TRANSPORT FLEET SIZING BY USING MAKE AND BUY DECISION-MAKING
Stojanović, Djurdjica; Nikoličić, Svetlana; … - In: Economic Annals 56 (2011) 190, pp. 77-77
Cost reduction is among the main quoted reasons for logistics outsourcing, while transport capacities and operations are among the most outsourced logistics areas. However, according to transaction costs theory, there is often room for transport insourcing. Furthermore, nowadays many authors...
Persistent link: https://www.econbiz.de/10011039151
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Controlled-by-owner Firms, Mobility of Capital and Microeconomic Profit Rate Maximization
MESNARD, Louis de - Laboratoire d'Économie de Dijon (LEDI), Université de … - 1999
When they actively control the firm, owners select the firm that has the best profit rate if the hypothesis of mobility …
Persistent link: https://www.econbiz.de/10005579062
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Property Rights and Market: Employee Privatization as a Cooperative Bargaining Process
Marco, Marini - Volkswirtschaftliche Fakultät, … - 1996
The paper presents a game-theoretic model in order to investigate to what extent an employee privatization program of a … maximizing the per capita surplus over the wage. The privatization process is then described as a bargaining process between the …
Persistent link: https://www.econbiz.de/10009148015
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Timing of Investment and Dynamic Pricing in Privatized Sectors.
Trento, Sandro; Tarola, Ornella - Dipartimento di Informatica e Studi Aziendali, … - 2010
Firms in equipment-intensive sectors, where investment in production is performed at diminishing marginal cost, spend billions of dollars in equipment and production capacity. Typically, this expenditure is induced by either the replacement of existing equipment, which deteriorates with age and...
Persistent link: https://www.econbiz.de/10008671652
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Timing of Investment and Dynamic Pricing in Privatized Sectors
Brusco, Sandro; Tarola, Ornella; Trento, Sandro - Dipartimento di Informatica e Studi Aziendali, … - 2012
In equipment-intensive sectors - such as water utilities, power generation, gas - billions of dollars are spent in capital equipment. We discuss and characterize the optimal policy of a profit-maximizing firm and compare it with the optimal policy of a welfare-maximizing planner. When there is...
Persistent link: https://www.econbiz.de/10009645603
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Timing of Investment and Dynamic Pricing in Privatized Sectors
Brusco, Sandro; Tarola, Ornella; Trento, Sandro - Economics Department, State University of New … - 2012
In equipment-intensive sectors — such as water utilities, power generation, gas — billions of dollars are spent in capital equipment. We discuss and characterize the optimal policy of a profit-maximizing firm and compare it with the optimal policy of a welfare-maximizing planner. When there...
Persistent link: https://www.econbiz.de/10010568487
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Privatization of Air France:A Test of The Stakeholder Corporate Governance Theory;La privatisation d'Air France : un test de la théorie de la gouvernance partenariale
Chatelin, Céline - Université de Bourgogne - CREGO EA7317 Centre de … - 2003
of the corporate governance theory suggests a renewal of the analysis of privatization which is still much debated … of Air France, partially privatized in 1999. The case shows the organizational impacts of privatization, both on the …
Persistent link: https://www.econbiz.de/10005604447
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Privatization and Stakeholder Governance:Theoretical and Methodological issues;Privatisation et gouvernance partenariale enjeux théoriques et méthodologiques
Chatelin, Céline - Université de Bourgogne - CREGO EA7317 Centre de … - 2003
theoretical arguments and empirical evidence about relationship between privatization and performance shows that the well …-accepted hypothesis of performance increase after privatization is still much debated. We develop a stakeholder approach of corporate …
Persistent link: https://www.econbiz.de/10005111292