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Persistent link: https://www.econbiz.de/10010910242
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This paper highlights the political, economic, socio-cultural, ethical, philosophical, legal, and practical aspects of the far-reaching theme of international trends in private higher education, in general. It also focuses on the driving forces, causes and consequences of the emergence of...
Persistent link: https://www.econbiz.de/10011131524
privatization of public ports as a policy option. We investigate the effect of port privatization in a setting with two ports … equilibria in which the two governments choose privatization. In these equilibria, national welfare is higher relative to a … situation where both ports are public. Since port charges are strategic complements, privatization can act as a valuable …
Persistent link: https://www.econbiz.de/10010991526
Privatization is defined as the sale of state-owned assets by governmental agencies to private investors (e ….g., Megginson, Nash, Netter, and Poulsen, 2004; Villalonga, 2000). Research on privatization has focused on privatization techniques … (e.g., share issue privatization or voucher privatization), social welfare, governmental commitments to economic …
Persistent link: https://www.econbiz.de/10009464886
Multinational enterprises (MNEs) investing in infrastructure privatization projects in emerging economies – often known … the bargaining outcomes between MNE and host governments around investment location, governance structure, and host …
Persistent link: https://www.econbiz.de/10011209820
the privatization process which culminated at the beginning of the transition. Privatization process, which took place in … Croatia back the last two decades through the transformation and privatization, was very complex due to the fact that it took … place in transitional and war environment, and today, two decades since the beginning of the privatization private sector …
Persistent link: https://www.econbiz.de/10011210950
In order to attract air traffic, many airports offer discounts and rebates on standard charges through incentives for route and traffic development. In this paper, we employ a probit instrument variable approach to a sample of 194 European airports, so as to study the factors influencing the...
Persistent link: https://www.econbiz.de/10010755095
Purpose -The purpose of this paper is to investigate returns of initial public offerings (IPOs) in an emerging market and differences in the returns of privatized and non-privatized offerings. Design/methodology/approach -Market-adjusted return is computed as daily cumulative excess returns for...
Persistent link: https://www.econbiz.de/10010755929