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During the subprime financial crisis of 2007-2009, the U.S. transformed its policies from a focus on privatization and …
Persistent link: https://www.econbiz.de/10013133324
This study investigates the determinants of residual government ownership and the impact of such ownership on post-privatization … privatization …
Persistent link: https://www.econbiz.de/10013125138
State ownership of publicly-traded corporations remains pervasive around the world, and has been increasing in recent years. Existing literature focuses on the implications of government ownership for corporate governance and performance at the firm level. This Article, by contrast, explores the...
Persistent link: https://www.econbiz.de/10013092887
Strong governance frameworks for public enterprises have long been an anchor of stability and efficiency underpinning their financial operations and performance. Cross-country experiences with the adoption of robust legal, regulatory and institutional arrangements-in line with international best...
Persistent link: https://www.econbiz.de/10013170011
. Specifically, we examine the determinants of residual state ownership after privatization over a window of up to six years after … privatization is politically shaped and constrained, and hence obeys to a dynamic that is different from one country to another …
Persistent link: https://www.econbiz.de/10013155841
ownership after privatization over a window of up to six years after divestiture. We find that the residual state ownership is … privatization is politically shaped and constrained by a dynamic that will differ between countries …
Persistent link: https://www.econbiz.de/10013155862
This essay explores the options for using private governance as an alternative or complement to the administrative state. It observes that private, non-governmental actors and entities often have a role in the achievement of traditionally public ends. It argues that such private governance,...
Persistent link: https://www.econbiz.de/10012962464
. The paper has important implications for policymakers in supporting privatization policy and in designing a framework to … promote better corporate governance in privatized firms after privatization …
Persistent link: https://www.econbiz.de/10012910564