determining the success or failure of policies of liberalisation and privatization, illustrates the need for a concise theoretical …

We investigate the nature and extent of information asymmetry among traders in companies with government ownership … government presence, and specifically, fewer informed trades related to the skilled analysis of public information. At the same … time, we also find that firms with government presence have a significantly higher proportion of informed trading that …

In this paper, we study the effect of share issue privatization (SIP) on private investment and financial market under … privatization (crowding-out effect). Vice-versa with risk aversion and perfect intertemporal substitutability (diversification … of the crowding-out effect, when the revenues of privatization are devoted to present public consumption. …

analytically derive the welfare effect of privatization of port 2 and determine the optimal degree of privatization. Under Cournot … privatization, partial privatization and full nationalization, which hinges mainly upon the market size, both horizontal and … necessarily a one-size-fits-all strategy for port privatization, and it is important for policymakers to consider the effects of …

privatization is more likely to be chosen if the government is politically weak. -- Privatization methods ; Transition economies … about privatization method, focusing on the choice between free distribution (so called ‘mass privatization’) and management …-employee buyouts. We incorporate a political feasibility constraint that the revenue-maximising government cannot pay insiders to take …