privatization in the presence of the environmental pollution. When the residents' environmental preference is introduced to the … public firm's objective function, we mainly find that privatization may increase the public firm's output, decrease the … studies on privatization. Moreover, Cournot competition and Stackelberg competition are separately analyzed to show that our …

Previous studies have primarily focused on the relative success of collectively owned enterprises (COEs) in China … may be an obstacle to further improving performance in a changing environment. Drawing on agency theory and the … privatization literature, we argue that the transformed COEs in the ongoing organizational transformation process may achieve better …

In the hierarchy of China's state sector, both before and during the current reform period, government bureaucrats …

privatization, and the introduction of a competition policy system to Cuba (as effective corporate governance and competition may be …

theory of irreversible choice under uncertainty. Our empirical evidence suggests that the accelerating tax effects are much …