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This research is developed within the general framework of the study on privatization costs. Analysing the costs … basis of our results, we can evaluate the financial efficiency of the privatization through PO's in Spain, and suggest …
Persistent link: https://www.econbiz.de/10005176416
The literature on staggered privatization sales suggests that governments can effectively signal commitment to not … expropriate the future rents of privatized firms. The privatization of telephone firms around the world provides an excellent … opportunity to test this theory. Using a sample of repeated privatization sales I test whether governments can effectively signal …
Persistent link: https://www.econbiz.de/10009323344
Persistent link: https://www.econbiz.de/10005037386
Persistent link: https://www.econbiz.de/10005037389
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
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
Italys first Fascist government applied a large-scale privatization policy between 1922 and 1925. The government … private firms to build and operate motorways. While ideological considerations may have had a certain influence, privatization … and the Partito Nazionale Fascista. Privatization also contributed to balancing the budget, which was the core objective …
Persistent link: https://www.econbiz.de/10008546736
countries, none of which systematically reprivatized firms during the 1930s. Privatization in Nazi Germany was also unique in … transferred to private ownership belonged to diverse sectors. Privatization was part of an intentional policy with multiple … financial restrictions were a central motivation. In addition, privatization was used as a political tool to enhance support for …
Persistent link: https://www.econbiz.de/10004971432
countries, none of which systematically reprivatized firms during the 1930s. Privatization in Nazi Germany was also unique in … transferred to private ownership belonged to diverse sectors. Privatization was part of an intentional policy with multiple … financial restrictions were a central motivation. In addition, privatization was used as a political tool to enhance support for …
Persistent link: https://www.econbiz.de/10005138832
, large scale privatization changes the political-economic equilibria in a dangerous way, because it splits society between …
Persistent link: https://www.econbiz.de/10005007187