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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
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
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
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
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
We study the impact on consumers of privatization and liberalization in the telecommunication sector for 15 EU … Countries. Policy reforms are summarized by the OECD regulatory indicators (REGREF), that consider the extent of privatization … market regulation in reducing prices and increasing productivity performances, but minimize the role played by privatization …
Persistent link: https://www.econbiz.de/10014041584
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
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
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