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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
has explored the effects of privatization, competition, and to a lesser extent, regulation. We know very little, however …, about the effects of the details of privatization transactions themselves. In particular, countries often grant the …
Persistent link: https://www.econbiz.de/10014126895
seven years following the privatization of the telephone monopoly and find that contrary to wide spread beliefs: (1 …
Persistent link: https://www.econbiz.de/10014056573
. Over time, this effect increases. An alternative "credible" privatization perspective suggests that retention of … CARs and time since initial privatization for telecoms from emerging markets. The influence of residual state factors on …
Persistent link: https://www.econbiz.de/10014068296
privatization and competition in the telecommunications sector around the world. Full privatization, which gave private owners … penetration, and improving labor and total factor productivities. But partial privatization, which retained the state's control … privatization and competition in deepening network penetration and in restraining the rise of service pricing among privatized …
Persistent link: https://www.econbiz.de/10014069807
privatization and competition in the telecommunications sector around the world. Privatization contributed substantially to labor … how countries privatized is important. On the one hand, share-issue privatization facilitated the development of the … the gains from privatization (owing to the output-restricting tendency associated with market power) but did not entirely …
Persistent link: https://www.econbiz.de/10014031812
67 countries during the seven-year period following the privatization of the main telephone provider indicates that …
Persistent link: https://www.econbiz.de/10014040509
This research examines the effects of privatization transaction strategy on enterprise performance in developing … economies. Focusing on trade sale privatization, we use an event-driven data strategy and time-series regression techniques on … realized when privatization trade sales introduce large-block foreign shareholdings and hybrid forms of governance, such as …
Persistent link: https://www.econbiz.de/10014106187
Using a new data set of the telecommunications sector on privatization (1981-98 for 167 countries) and competition … policies (1990-98 for roughly 50 countries), this Paper investigates the political economy determinants of privatization and …
Persistent link: https://www.econbiz.de/10014109343
Persistent link: https://www.econbiz.de/10013423113