We analyze the extent of the integrated control of the state over privatized firms during the post-privatization decade … bureaucracy are the most likely reasons behind our findings. -- state ownership ; control ; corporate performance ; privatization …

After earlier waves of privatization, local governments have increasingly taken back control of local service … provisions in some sectors and countries and, instead, started providing those services themselves (reverse privatization). Using … the years 2003, 2009, and 2015, we investigate motives for reverse privatization. Our results show that, in deciding …

employees originates out of Italy. Conversely, unlisted SOEs operating in non-competitive markets are still somehow compelled to …