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Hardening a soft budget constraint through "upward devolution" to a supranational institution: the case of the European Union and Italian state-owned firms
Bertero, Elisabetta; Rondi, Laura - In: Ownership and governance of enterprises : recent …, (pp. 124-158). 2003
Persistent link: https://www.econbiz.de/10001822005
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Hardening a soft budget constraint through "upward devolution" to a supranational institution : the case of Italian state-owned firms and the European Union
Bertero, Elisabetta (contributor); Rondi, Laura (contributor) - 2002 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001659521
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Does a switch of budget regimes affect investment and managerial discretion of state-owned enterprises? : Evidence from Italian firms
Bertero, Elisabetta; Rondi, Laura - In: Journal of comparative economics : the journal of the … 30 (2002) 4, pp. 836-863
Persistent link: https://www.econbiz.de/10001726907
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Does a switch of budget regimes constrain managerial discretion? : Evidence for Italian public enterprises investment
Bertero, Elisabetta (contributor); Rondi, Laura (contributor) - 2002 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001660142
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Does a switch of budget regimes constrain managerial discretion? : evidence for Italian public enterprises' investment
Bertero, Elisabetta; Rondi, Laura - 2002
Persistent link: https://www.econbiz.de/10001664840
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Financial pressure and the behaviour of public enterprises under soft and hard budget constraints : evidence from Italian panel data
Bertero, Elisabetta; Rondi, Laura - In: Journal of public economics 75 (2000) 1, pp. 73-98
Persistent link: https://www.econbiz.de/10001432572
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Financial Pressure and the Behaviour of Public Enterprises Under Soft and Hard Budget Constraints : Evidence from Italian Panel Data
Bertero, Elisabetta; Rondi, Laura - 2001
This paper studies the effect of the hardening of the budget constraint on the behaviour of public enterprises. Drawing from finance theory, we provide empirical evidence of a change in behaviour of public enterprises between soft and hard budget constraint regimes by investigating the financial...
Persistent link: https://www.econbiz.de/10014140580
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Hardening a soft budget constraint through upward devolution to a supranational institution: The case of Italian state-owned firms and the European Union
Bertero, Elisabetta; Rondi, Laura - 2002
operating in a soft budget regime. The methodology is a case study of the shift in budget regime in Italy in the late 1980s. The …
Persistent link: https://www.econbiz.de/10010279332
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Privatisation in the European Union : public enterprises and integration
Clifton, Judith; Comín, Francisco; Díaz Fuentes, Daniel - 2003
Persistent link: https://www.econbiz.de/10001781230
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Privatisation in the European Union : Public Enterprises and Integration
Clifton, Judith; Comín, Francisco; Fuentes, Daniel Díaz - 2003
Judith Clifton, Francisco Comín and Daniel Díaz Fuentes in Privatisation in the European Union reject the two dominant explanations provided in literature, which include a simple 'Americanisation' of policy and a 'varied' privatisation experience without a common driving force. Using a...
Persistent link: https://www.econbiz.de/10013522423