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In 1997, France Telecom, the state-owned French telephone company, went through a partial privatization. We adapt a …
Persistent link: https://www.econbiz.de/10011335778
sich die maßgeblichen politischen Kräfte einig. Über die Art und Weise der Privatisierung besteht aber keine Einigkeit … die Bahnreform, »die 1994 mit einem entschlossenen Ja zu Wettbewerb und Privatisierung umgesetzt wurde und in deren Folge …
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We investigated the effects of privatization on hospital efficiency in Germany. To do so, we obtained bootstrapped DEA … associated with an increase in efficiency of between 3.2 and 5.4%. We defined four alternative post-privatization periods and …
Persistent link: https://www.econbiz.de/10010310631
This paper provides evidence on abnormal returns of Portuguese privatization public offerings for the period from 1989 … privatization transactions and investigates the determinants of the observed price behavior. Our results are not supportive of the … underpricing phenomenon except if we exclude the very extreme observations. The results show further that privatization IPOs …
Persistent link: https://www.econbiz.de/10010312287
infrastructure/utility provision, and increased investment from both domestic and foreign sources. Privatization is one way to …/manufacturing and most infrastructure still remains in state hands. Given prevailing public hostility towards privatization, and …
Persistent link: https://www.econbiz.de/10010312302
was largely abandoned by the IFIs and privatization and private participation in infrastructure, or PPI became the order …
Persistent link: https://www.econbiz.de/10010312321
This paper reviews the state of thinking on the governance role of public ownership and control. We argue that the transfer of operational control over productive assets to the private sector represents the most desirable governance, due to the inherent difficulty for citizens to constrain...
Persistent link: https://www.econbiz.de/10010312416