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The 2004 election year provided many focus points for those interested in stem cell research and its potential outcomes. California's Proposition 71, in particular, has arguably led the way to a new era of state and local public funding of stem cell research. This article does not address the...
Persistent link: https://www.econbiz.de/10014066285
State-owned and other state-invested enterprises (SIEs) have become more prominent in the global economy over the last decade. A growing role for state-invested enterprises in the marketplace is not in itself onerous. According to an OECD consensus, as expressed through the Organisation’s...
Persistent link: https://www.econbiz.de/10010382770
Persistent link: https://www.econbiz.de/10013100535
Currently, there are no adequate mechanisms under international law to balance the competing tensions climate change presents to state sovereignty. On one hand, climate change threatens state sovereignty because the catastrophic loss of life and property of millions of people would deprive...
Persistent link: https://www.econbiz.de/10014194824
This paper focuses on the relationship between corporate governance and corporate performance by initial public offerings (IPOs) of Kazakhstan state-owned enterprises (SOEs) in the transition economies of Central Asia. It argues that privatization (i.e., IPO) has different effects depending on...
Persistent link: https://www.econbiz.de/10012212672
We review and bridge the literature on the internationalization of state-owned firms and sovereign wealth funds to provide a novel understanding of how governments’ nonbusiness objectives affect foreign investments. We explain how governments as foreign investors behave differently from...
Persistent link: https://www.econbiz.de/10013294864
This study surveys the academic and professional literature examining the privatisation of state-owned enterprises (SOEs), with a focus on empirical studies. Privatisation has been instrumental in reducing state ownership in many countries and had a transforming effect on global stock markets,...
Persistent link: https://www.econbiz.de/10011608465
Since it became involved in telecommunications during the course of the nineteenth century, the state has played several roles in telecommunications: owner-operator, regulator, facilitator, and stopgap for private sector deficiencies. During the past two decades direct state involvement in...
Persistent link: https://www.econbiz.de/10013158987
We question previous research assuming that privatizing firm performance generally benefits from decreasing state ownership and the passage of time, both of which purportedly align principal-agent incentives promoting organizational decision-making that increases shareholder value. When state...
Persistent link: https://www.econbiz.de/10014047034
The editors of the leading yearbook of global civil society studies offered to the authors of this article an opportunity to present a skeptical account of global civil society as the opening chapter in the 2004/5 yearbook. The article examines the standard account of global civil society as the...
Persistent link: https://www.econbiz.de/10014058560