This essay explores the options for using private governance as an alternative or complement to the administrative state. It observes that private, non-governmental actors and entities often have a role in the achievement of traditionally public ends. It argues that such private governance,...

We examine the links between ownership and internal control for a sample of 112 state-owned, privatized, and publicly traded firms in the United Kingdom from 1970 to 1994. Privatized firms with at least four years in the private sector, like established publicly traded firms, exhibit a...