Alpalhao, Rui; Alves, Paulo - In: International Journal of Financial Research 4 (2013) 2, pp. 68-76
The paper¡¯s purpose is to quantify the performance of a State in its action as a de facto LBO specialist, taking companies private to restructure them and subsequently reselling them in the share market. A sample comprising all the listed companies nationalized in Portugal in 1975 and 1976...
