and legal reasons. There is some hesitation about privatization, as for foreign direct investment, and, where accepted …, about the precise timing. Where privatization of basic service monopolies occurs, the role of the state shifts towards a …

privatization (i.e., IPO) has different effects depending on the types of owners to whom it gives control in corporate governance …

"The outcome-based approach assesses the privatization of the provision of a good or a service by reference to the …-based approach is the economic theory which typically considers the merits of privatization on efficiency-based grounds …