Contrary to private enterprises, public enterprises can be unaware of the impact of their performance when providing services to the public. This is often the case when a small array of choices is in citizens’ hands or coercion is the only possibility and a public service must be received and...

This paper analyzes deals involving private and State-owned enterprises (SOEs) worldwide since 2004. We consider four types of deals: privatizations, publicizations, private reorganizations (i.e private firms acquiring a private target) and public reorganizations. (i.e. both acquirers and...