The Financial Economics of Privatization

The Financial Economics of Privatization
Author: William L. Megginson
Publisher: Oxford University Press
Total Pages: 533
Release: 2005-01-13
Genre: Business & Economics
ISBN: 0198034318

Since 1981, over 100 governments around the world have raised over $1 trillion through the sale of SOEs to private investors. Privatization programs have transformed the role of the state in virtually all-major economies, and have massively increased the capitalization and liquidity of all non-U.S. stock markets. The focus of this book lies on where privatization stands today and what are the next frontiers, the why and how behind countries who privatize certain industries, whether privatization works as an economic tool and important insights relevant to financial institutions such as how to value privatized industries, how share offerings differ from private offerings, and how countries go about harnessing private capital. The book will also represent a key and unique source for information related to the details of asset sales privatization, a summary of statistics of privatized companies from 54 international stock exchanges, regulatory changes and sources for privatization information for investors, government officials, bankers and financial specialists. The volume will serve as an invaluable reference for professionals and as a core or supplementary text in privatization courses.

The Financial Economics of Privatization

The Financial Economics of Privatization
Author: William L. Megginson
Publisher:
Total Pages: 522
Release: 2005
Genre: Finance, Public
ISBN: 9780199835768

Central to the book's content is its focus on where privatisation stands today and what are the next frontiers, the why and how behind countries who privatise certain industries, and whether privatisation works as an economic tool.

Developments in the Economics of Privatization and Regulation

Developments in the Economics of Privatization and Regulation
Author: Michael A. Crew
Publisher: Edward Elgar Publishing
Total Pages: 720
Release: 2008
Genre: Business & Economics
ISBN:

Presents contributions on privatization and regulation. This book is suitable for scholars, policymakers and regulators in the study of privatization and regulation.

Privatization

Privatization
Author: John Vickers
Publisher: MIT Press
Total Pages: 476
Release: 1988
Genre: Business & Economics
ISBN: 9780262720113

The process of selling assests and enterprises to the private sector raises questions about natural monopolies, the efficiency and equity of state-owned versus privately owned enterprises, and industrial policy. This comprehensive analysis of the British privatization program explores these questions both theoretically and empirically.

Public Versus Private Ownership

Public Versus Private Ownership
Author: Mary M. Shirley
Publisher: World Bank Publications
Total Pages: 72
Release: 2000
Genre: Competition
ISBN:

Disappointment with insider trading in Russia, with voucher privatization in the Czech Republic, and with the privatization of infrastructure in many developing countries in many developing countries has spawned new critiques of privatization. How do theory and empirical evidence answer the much-debated questions, which is more important to performance, competition or private ownership? Are state enterprises more subject to welfare-reducing interventions by government than private firms are? Do state enterprises suffer more from problems of corporate governance?

Privatization

Privatization
Author: George K. Yarrow
Publisher: Taylor & Francis
Total Pages: 304
Release: 1996
Genre: Business & Economics
ISBN: 9780415143271

Privatization

Privatization
Author: Mark Hirschey
Publisher: JAI Press Incorporated
Total Pages: 188
Release: 1999-11-22
Genre: Business & Economics
ISBN: 9780762303410

Advances in Financial Economics publishes peer reviewed quality manuscripts on any aspects of financial economics including corporate finance, financial institutions and markets and microeconomics.

Making a Market

Making a Market
Author: Nemat Shafik
Publisher: World Bank Publications
Total Pages: 62
Release: 1993
Genre: Privatization
ISBN:

The mass privatization scheme put information about enterprise values in the public domain by allowing increasingly informed bidders to interact. This quickly differentiated enterprises with favorable prospects from those with unfavorable prospects. The design of the program served the objectives of speed and equity more than those of corporate governance.

Privatization

Privatization
Author: David J. Donaldson
Publisher: World Bank Publications
Total Pages: 98
Release: 1995-01-01
Genre: Business & Economics
ISBN: 9780821334478

Examines key aspects of labor market conditions as they are affected by the economic reforms that are integrating Latin American and Caribbean economies with world markets. Also available: Portuguese edition (ISBN 0-8213-3502-2) Stock No. 13502; Spanish edition (ISBN 0-8213-3501-4) Stock No. 13501.