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The State of State Reform in Latin America

Galindo, Arturo; Scartascini, Carlos; Payne, J. Mark; … - Inter-American Development Bank

Latin America suffered a profound state crisis in the 1980s, which prompted not only the wave of macroeconomic and deregulation reforms known as the Washington Consensus, but also a wide variety of institutional or 'second generation' reforms. 'The State of State Reform in Latin America' reviews...

Persistent link: https://www.econbiz.de/10010895471

The Balkan and Baltic experience of financial services privatization

Consigilio, John - European Association for Banking and Financial History … - 2014

The financial services sectors of Romania and Estonia moved towards privatization in sharply contrasting manners. For a … paper; few steps were made towards its fulfillment. By contrast, Estonia's experience of privatization was generally a …

Persistent link: https://www.econbiz.de/10010961616

Privatization and the Corporate Cost of Capital in New Zealand: An Application of Fama and French (1999)

McGraw, Patricia A. - In: Review of Applied Economics 1 (2005) 1

Fama and Frenchâ€™s (1999) internal rate of return method is applied to Datastream data from 1993-2001 for 81 non-financial firms listed on the New Zealand Stock Exchange. The nominal return on value is 7.09%. The real return on value is 5.07%. The nominal return on cost is 11.59%. The real...

Persistent link: https://www.econbiz.de/10011142664

PUBLIC-PRIVATE PARTNERSHIPS: A THEORETICAL OVERVIEW

MINA, Laura - In: Proceedings of Administration and Public Management … 6 (2010) 1, pp. 328-333

Nowadays, public-private partnerships (PPPs) have resulted into a world-wide instrument for governments facing insufficient resources for growing public investment needs. Despite the general interest surrounding the cooperation between public bodies and private companies, the tendency of...

Persistent link: https://www.econbiz.de/10011207951

Timing of Investment and Dynamic Pricing in Privatized Sectors

Brusco, Sandro; Tarola, Ornella; Trento, Sandro - Economics Department, State University of New … - 2012

In equipment-intensive sectors — such as water utilities, power generation, gas — billions of dollars are spent in capital equipment. We discuss and characterize the optimal policy of a profit-maximizing firm and compare it with the optimal policy of a welfare-maximizing planner. When there...

Persistent link: https://www.econbiz.de/10010568487

Public Procurement and Non-contractible Quality: Evidence from Elderly Care

Bergman, Mats A.; Lundberg, Sofia; Spagnolo, Giancarlo - Institutionen för Nationalekonomi, Umeå Universitet - 2012

Many quality dimensions are hard to contract upon and are at risk of degradation when the service is procured rather than produced in-house. On the other hand, procurement may foster performance-improving innovation. We assemble a large data set on elderly care services in Sweden for the...

Persistent link: https://www.econbiz.de/10010568861

Does privatization affect corporate culture and employee wellbeing?

Cunha, Rita C.; Cooper, Cary L. - In: Journal of Managerial Psychology 17 (2002) 1, pp. 21-49

This article analyses how privatization influences corporate culture and employee wellbeing in the privatized companies …. We hypothesized that the change process initiated with privatization and preparation for privatization would lead to a …. Occupational stress was found to be higher and job satisfaction lower before privatization. Mental and physical ill health, however …

Persistent link: https://www.econbiz.de/10014887763

Regulation – the movie: a semiotic study of the periodic review of UK regulated industry

Crowther, David; Cooper, Stuart; Carter, Chris - In: Journal of Organizational Change Management 14 (2001) 3, pp. 225-238

This paper explores the regulatory process of UK privatised utilities as manifest in the periodic review of prices. Two separate review processes are identified, operating concurrently – a covert dialogue between the regulator and the regulated and an overt dialogue taking place in the public...

Persistent link: https://www.econbiz.de/10014890825

Privatisation in a developing country: insights from the Gambia

Hamilton Forster, Thomas; Suchitra Mouly, V. - In: Journal of Organizational Change Management 19 (2006) 2, pp. 250-265

Purpose – The purpose of this paper is to study the privatisation process and its impact on organisational change in the electricity industry in the Gambia. Design/methodology/approach – A qualitative methodology was used for the study as qualitative techniques make use of a holistic...

Persistent link: https://www.econbiz.de/10014891013

Exploring the sources of privatization‐induced performance changes

Wu, Hsueh‐Liang - In: Journal of Organizational Change Management 20 (2007) 1, pp. 44-59

Purpose – The purpose of this paper is to study the variance of post‐privatization performance outcomes by three … regression models were used for the study to link the likelihood of performance improvements after privatization with a set of …, including market openness, post‐privatization involvement of government and corporate reforms prior to privatization, in the …

Persistent link: https://www.econbiz.de/10014891053