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Should Private Sector Participate in Public Private Partnerships? Evidence from China and India
Dao, Hong - 2016
In this paper, we investigate whether Public Private Partnerships (PPPs), with readily pledgable Government assets, reduce the underinvestment problems faced by private sector firms in emerging markets. We analyse investment-cash flow sensitivity and its determinants for the partnering private...
Persistent link: https://www.econbiz.de/10013000090
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Formation of optimal private involvement in urban rail public-private partnership projects in China
Ke, Yongjian - In: International journal of project organisation & … 10 (2018) 3, pp. 268-286
Persistent link: https://www.econbiz.de/10011925583
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How do individual politicians affect privatization? : evidence from China
Ru, Hong; Zou, Kunru - 2020
efficiency and performance. To identify the role of patronage connection in privatization, we use the mandatory retirement age … privatization deals and jumps in efficiency for privatized SOEs when local politicians lose connections to Central Committee members …
Persistent link: https://www.econbiz.de/10012267568
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Should Private Sector Participate in Public Private Partnerships? Evidence from China and India
Dao, Nhung - 2016
In this paper, we investigate whether Public Private Partnerships (PPPs), with readily pledgable Government assets, reduce the underinvestment problems faced by private sector firms in emerging markets. We analyse investment-cash flow sensitivity and its determinants for the partnering private...
Persistent link: https://www.econbiz.de/10013000028
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Private sector participation and performance of county water utilities in China
Li, Li - In: China economic review : an international journal 52 (2018), pp. 30-53
Persistent link: https://www.econbiz.de/10012008733
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Effect of private capital in rival projects on public-private partnership adoption in China
Feng, Jingbing; Zhang, Tao - In: Applied economics letters 30 (2023) 4, pp. 435-440
Persistent link: https://www.econbiz.de/10013553627
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From state to market : private participation in China's urban infrastructure sectors : 1992 - 2008
Zhang, Yanlong - In: World development : the multi-disciplinary … 64 (2014), pp. 473-486
Persistent link: https://www.econbiz.de/10010489215
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State Ownership, Soft-Budget Constraint and Cash Holdings : Evidence from China’s Privatized Firms
Megginson, William L. - 2012
We study the relation between state ownership and cash holdings in China's share-issue privatized firms from 1993 to 2007. We find that the level of cash holdings declines as state ownership increases. This negative relation is attributable to the soft-budget constraint (SBC) inherent in state...
Persistent link: https://www.econbiz.de/10013115833
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The Impact of Residual Government Ownership in Privatized Firms : New Evidence from China
Liao, Jing - 2011
This study investigates the determinants of residual government ownership and the impact of such ownership on post-privatization … privatization …
Persistent link: https://www.econbiz.de/10013125138
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Political Capital vs. Constraint : Evidence from CEO Turnovers in Chinese Private Firms
Cao, Jerry - 2017
Previous theoretical and empirical studies suggest that CEOs' political connections are valuable to firms. We examine whether such connections become constraints if the expected political capital fails to materialize and the firm lacks other type of political power in place. Using a sample of...
Persistent link: https://www.econbiz.de/10012972711