The privatization of state-owned enterprises (SOE) in transition economies has often been found to improve employment … enhanced if privatization also promotes firms’ exports. A recent firm-level analysis of China reveals that privatization has …

In our article we present the use of hybrid securities in the privatization process. We show that exchangeable bonds … may be successfully applied during privatization of state companies throughout the world. It may be profitable for many … privatization processes by means of exchangeable bonds i.a. in Germany and in Austria. Most of such operations, e.g. German Deutsche …

This study investigates the impact of privatization on the relationship between gross capital accumulation, employment …. Employing econometric analysis and cointegration evaluation, the study reveals that privatization has had a mixed impact on CIS … economies. While privatization has contributed to increased capital accumulation and employment in some countries, it has also …

investigates the role of hybrid debt in the privatization of state-owned enterprises (SOEs) via government-controlled investment … in Europe and Asia. Moreover, in some cases, the privatization of SOEs by means of exchangeables can prove to be a more … shareholders. Third, the entire privatization process tends to be more flexible for issuers in that they can perceive exchangeables …