Showing 71 - 80 of 29,191
Comprehensive panel data on privatization transactions and labor productivity in Romanian industrial corporations are … used to describe the post-privatization ownership structure, and to estimate the effect of Romania's diverse privatization … transfers and mass privatization are estimated to have significantly smaller-although still positive-effects on firm performance …
Persistent link: https://www.econbiz.de/10014122588
This paper examines both leadership choice and welfare consequences of privatisation in an endogenous timing mixed multi‐product oligopoly. It shows that a multi‐product firm undermines the welfare‐maximising efforts of a public firm by cross‐subsidising. The paper demonstrates that a...
Persistent link: https://www.econbiz.de/10014127133
The privatization literature depicts the choice whether to contract out as a tradeoff between excessive private … it is kept in-house. Therefore, privatization decisionmakers and monitoring agencies may be more prone to capture when …
Persistent link: https://www.econbiz.de/10014051182
A common argument against privatization is that private providers will self-interestedly lobby to increase the size of … their market. In this Article, I evaluate this argument, using, as a case study, the argument against prison privatization … conclude that there is at present no particular reason to credit this argument. Even without privatization, actors in the …
Persistent link: https://www.econbiz.de/10014054697
, none of which systematically reprivatized firms during the 1930s. Privatization in Nazi Germany was also unique in … transferred to private ownership belonged to diverse sectors. Privatization was part of an intentional policy with multiple …, strong financial restrictions were a central motivation. In addition, privatization was used as a political tool to enhance …
Persistent link: https://www.econbiz.de/10014058987
, the proper limits of its movement, and the phenomenon of the privatization of public companies in West Africa today does …, it is necessary to wonder, after several long decades of privatization, if the benefits and the effective achievements of … sample of 51 privatized companies, the impact of the policies of privatization on the performance of public organizations in …
Persistent link: https://www.econbiz.de/10014068239
. 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
This paper examines the determinants of privatization in Chinese rural industry by using data that we collected from …
Persistent link: https://www.econbiz.de/10014072379
reading of the privatization process through the corporate governance theory resulted in the development of a model allowing … to take into account, on the one hand, the temporal dimension of the privatization process, and on the other hand, the … confirmed for French privatizations, at least for the considered horizon. Privatization induces a significant positive effect on …
Persistent link: https://www.econbiz.de/10014034509
management is transferred from bureaucrats to capitalists, which implies privatization of the state enterprises. China is already …
Persistent link: https://www.econbiz.de/10014107344