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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
-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
Persistent link: https://www.econbiz.de/10012194158
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
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
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
Since the nineteenth century, the state has played different roles in telecommunications, from owner-operator and regulator to facilitator of private sector activities. Whereas direct government involvement has diminished since the 1980s, recent years have witnessed renewed demands for...
Persistent link: https://www.econbiz.de/10013125356
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
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