Many emerging economies recently have launched ambitious efforts to privatize state-owned enterprises (SOEs). However, not all privatization entails complete ownership transfer from public to private hands. In many industries, especially in infrastructure industries, privatization has often been...

Organisational boundaries can be analysed via a variety of lenses – organisational design principles, transaction cost economics, property rights and agency theory, amongst others. We review these before taking a knowledge-based perspective to firstly explain how the boundaries of the firm are...