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Privatisation in OECD Countries: Theoretical Reasons and Results Obtained
Schneider, Friedrich - In: CESifo DICE Report 01 (2003) 3, pp. 24-29
Persistent link: https://www.econbiz.de/10011696441
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Italian state-owned enterprises after decades of reforms : still public?
Clò, Stefano; Di Giulio, Marco; Galanti, Maria Tullia; … - 2015
The present paper analyzes the top ten Italian state-owned enterprises (SOEs) over the period 2004-2013, after both their corporate organization and their markets have been deeply reformed. We question whether SOEs' strategies are more profit or public oriented. The authors find that, on...
Persistent link: https://www.econbiz.de/10011432120
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The political economy of privatization : why do governments want reforms?
Börner, Kira Astrid - 2004
International organizations promote privatization as precondition for economic development. But is there really too … little privatization? This political economy model asks for the incentives of governments to privatize or restructure a state …-owned firm. Different government types are compared to identify the political and institutional determinants of privatization …
Persistent link: https://www.econbiz.de/10010440441
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Chapter 21 Not-for-profit ownership and hospital behavior
Sloan, Frank A. - In: Handbook of health economics : volume 1, part B, (pp. 1141-1174). 2000
The for-profit hospital is in the minority numerically in all developed countries. Although the for-profits' market share has been quite stable for decades, for-profit chains have grown in share and influence in the United States. By contrast, for-profit chains have made few inroads in other...
Persistent link: https://www.econbiz.de/10014024184
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The motives for issuing exchangeable bonds in the privatization of state-owned enterprises
Kaźmierczak, Damian - In: Comparative economic research : Central and Eastern Europe 26 (2023) 2, pp. 33-49
investigates the role of hybrid debt in the privatization of state‑owned enterprises (SOEs) via government‑controlled investment … in Europe and Asia. Moreover, in some cases, the privatization of SOEs by means of exchangeables can prove to be a more … shareholders. Third, the entire privatization process tends to be more flexible for issuers in that they can perceive exchangeables …
Persistent link: https://www.econbiz.de/10014339792
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What Can be Learned from Continental Europe's Largest Privatisation Program? – Italy 1993 to 2003
Goldstein, Andrea - In: CESifo DICE Report 02 (2004) 1, pp. 40-48
Persistent link: https://www.econbiz.de/10011696464
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Political selection of firms into privatization programs : evidence from Romanian comprehensive data
Szentpéteri, Ádam (contributor);  … - 2008
Exploiting a unique institutional feature of the early Romanian privatization setup, when a group of firms was … explicitly barred from any privatization, we test how politicians select firms into privatization programs. Using a comprehensive … dataset that includes all firms inherited from socialism, we estimate the relation between pre-privatization firm …
Persistent link: https://www.econbiz.de/10003790098
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Privatization and liberalization in vertically linked markets
Stähler, Frank; Traub, Stefan - 2009
liberalization and their privatization which can be complete or partial such that upstream production is still run by an SOE. We show … in most cases even if a holdup problem exists. For any vertically separated structure we find that privatization through … multi-product firms welfare dominates privatization through single-product firms. -- Privatization ; vertical integration …
Persistent link: https://www.econbiz.de/10003871843
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Political selection of firms into privatization programs : evidence from Romanian comprehensive data
Szentpéteri, Ádám; Telegdy, Álmos - 2009
Exploiting a unique institutional feature of the early Romanian privatization setup, when a group of firms was … explicitly barred from any privatization, we test how politicians select firms into privatization. Using comprehensive data that … includes all firms inherited from socialism, we estimate the relation between pre-privatization firm characteristics the …
Persistent link: https://www.econbiz.de/10003919610
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Political objectives and privatization decisions : selection of firms into privatization or long-term state ownership in Romania
Szentpéteri, Ádám; Telegdy, Álmos - 2009
With the help of a peculiar institutional feature of early Romanian privatization, when a group of firms was explicitly … that politicians sheltered large and inefficient firms from privatization, which paid low wages and had high overdue … payments. These results are consistent with minimization of employment losses, even if efficiency enhancement of privatization …
Persistent link: https://www.econbiz.de/10003919696