In our article we present the use of hybrid securities in the privatization process. We show that exchangeable bonds … may be successfully applied during privatization of state companies throughout the world. It may be profitable for many … privatization processes by means of exchangeable bonds i.a. in Germany and in Austria. Most of such operations, e.g. German Deutsche …

Privatization of local public services has been implemented worldwide in the last decades. Why local governments … explain local privatization. Such works have found a great diversity of motivations, and the variation among reported … privatization specially in the studies of US cases published in the eighties that consider a broad range of services. Studies that …

concentration and bidding competition decrease in the privatized sector may have outweighed eventual gains coming from privatization …. On the other hand, the threat that privatization may represent for public unit managers may have stimulated them to … recent privatization are associated with lower costs. Instead, old privatization is not associated with lower costs …

Nach einer Welle der Privatisierung öffentlicher Dienstleistungen in den 1980er und 1990er Jahren möchten viele …