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-controlling or "residual" state ownership framework, grounded in credible privatization and institutional theory. We propose that: 1 … signals state support for managerial initiatives; 2) the passage of time since initial privatization negatively affects … turn negative at higher state ownership levels. CARs turn sharply negative within 1-2 years from initial privatization …
Persistent link: https://www.econbiz.de/10014047034
experience with privatization and liberalization was brought into a new light by the recent economic crisis. It is unlikely that …
Persistent link: https://www.econbiz.de/10013158987
Persistent link: https://www.econbiz.de/10012194158
The theoretical and empirical literature on water supply and sewerage liberalization is reviewed in this paper in order to discuss the potential for market creation and private sector involvement in this sector. The analysis is framed in the quot;policy roadmapquot; developed by regulatory...
Persistent link: https://www.econbiz.de/10012728587
Successful network utility privatisation requires incentive-based regulation that allows investment to be adequately rewarded from unsubsidised revenues while maintaining quality, and restructuring that permits effective competition for the network services. The potential for success and the...
Persistent link: https://www.econbiz.de/10013319459
We analyze the effect of privatization on the performance of British Airways by examining the privatization's impact on … Airways' privatization, implying expectation of a more competitive British Airways. Closer rivals of British Airways … significantly upon privatization. The results suggest that a change from government to private ownership improves economic …
Persistent link: https://www.econbiz.de/10013122620
Procurement professionals will increasingly be asked to play an important role in adapting to and mitigating the effects of climate change. Unfortunately, we don't have time to waste, either feeling hopeless or waiting for changes to the Federal Acquisition Regulation (FAR) and subsequent...
Persistent link: https://www.econbiz.de/10013312050
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
While global health law as a conceptual and academic field is relatively new, efforts to coordinate international measures against the outbreak and spread of disease are more than a century old. The history of global health law is, for the most part, a story of traditionally conceived sovereign...
Persistent link: https://www.econbiz.de/10014086393
In this paper we document the extent and reach of state capitalism around the world and explore its economic implications. We focus on governmental provision of capital to corporations – either equity or debt – as a defining feature of state capitalism. We present a stylized distinction...
Persistent link: https://www.econbiz.de/10014169182