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Public Vs Private Ownership
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Book Synopsis Public Versus Private Ownership by : Mary M. Shirley
Download or read book Public Versus Private Ownership written by Mary M. Shirley and published by World Bank Publications. This book was released on 2000 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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?
Book Synopsis Public Vs. Private Ownership by : Mary M. Shirley
Download or read book Public Vs. Private Ownership written by Mary M. Shirley and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Disappointment with insider trading in Russia, with voucher privatization in the Czech Republic, and with the privatization of infrastructure 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? At the heart of the debate about public versus private ownership lie three questions: · Does competition matter more than ownership? · Are state enterprises more subject to welfare-reducing interventions by government than private firms are? · Do state enterprises suffer more from governance problems than private firms do? Even if the answers to these questions favor private ownership, the question must still be asked: Do distortions in the process of privatization mean that privatized firms perform worse than state enterprises? Shirley and Walsh's review found greater ambiguity about the merits of privatization and private ownership in the theoretical literature than in the empirical literature. In most cases, empirical research strongly favors private ownership in competitive markets over a state-owned counterfactual (although construction of the counterfactual is itself a problem). Theory's ambiguity about ownership in monopoly markets seems better justified. Since the choice confronting governments is between state ownership and privatization rather than between privatization and optimality, theory has left a gap that empirical work has tried to fill. Further research is needed. This paper - a product of Regulation and Competition Policy, Development Research Group - is part of a larger effort in the group to analyze the effects of privatization and the role of regulation and politics.
Author :National Association of Railway and Utilities Commissioners (U.S.). Committee on Public Ownership and Operation Publisher : ISBN 13 : Total Pages :6 pages Book Rating :4.:/5 (76 download)
Book Synopsis Private Ownership with Regulation Vs. Public Ownership Without Regulation by : National Association of Railway and Utilities Commissioners (U.S.). Committee on Public Ownership and Operation
Download or read book Private Ownership with Regulation Vs. Public Ownership Without Regulation written by National Association of Railway and Utilities Commissioners (U.S.). Committee on Public Ownership and Operation and published by . This book was released on 1920* with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Public Vs Private Ownership of Public Utilities by : Arthur Williams
Download or read book Public Vs Private Ownership of Public Utilities written by Arthur Williams and published by . This book was released on 1925 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Modern Corporation and Private Property by : Adolf Augustus Berle
Download or read book The Modern Corporation and Private Property written by Adolf Augustus Berle and published by . This book was released on 1937 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Government Versus Private Ownership of Public Goods by : Timothy Besley
Download or read book Government Versus Private Ownership of Public Goods written by Timothy Besley and published by . This book was released on 2001 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Public Vs. Private Ownership and Operation of Water Power Resources by : Hugh Lincoln Cooper
Download or read book Public Vs. Private Ownership and Operation of Water Power Resources written by Hugh Lincoln Cooper and published by . This book was released on 1928 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Government Versus Private Ownership of Public Goods by : David J. Kusterer
Download or read book Government Versus Private Ownership of Public Goods written by David J. Kusterer and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Reclaiming Public Ownership by : Professor Andrew Cumbers
Download or read book Reclaiming Public Ownership written by Professor Andrew Cumbers and published by Bloomsbury Publishing. This book was released on 2012-09-13 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: *** Winner of the Myrdal Prize for Evolutionary Political Economy *** The last few years have seen the spectacular failure of market fundamentalism in Europe and the US, with a seemingly never-ending spate of corporate scandals and financial crises. As the environmental limits and socially destructive tendencies of the current profit-driven economic model become daily more self-evident, there is a growing demand for a fairer economic alternative, as evidenced by the mounting campaigns against global finance and the politics of austerity. Reclaiming Public Ownership tackles these issues head on, going beyond traditional leftist arguments about the relative merits of free markets and central planning to present a radical new conception of public ownership, framed around economic democracy and public participation in economic decision-making. Cumbers argues that a reconstituted public ownership is central to the creation of a more just and sustainable society. This book is a timely reconsideration of a long-standing but essential topic.
Book Synopsis Public Vs. Private Ownership and Economic Performance by : John E. Kwoka
Download or read book Public Vs. Private Ownership and Economic Performance written by John E. Kwoka and published by . This book was released on 1995 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Public Nature of Private Property by : Professor Michael Diamond
Download or read book The Public Nature of Private Property written by Professor Michael Diamond and published by Ashgate Publishing, Ltd.. This book was released on 2013-02-28 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: What, exactly, is private property? Or, to ask the question another way, what rights to intrude does the public have in what is generally accepted as private property? The answer, perhaps surprisingly to some, is that the public has not only a significant interest in regulating the use of private property but also in defining it, and establishing its contour and texture. In The Public Nature of Private Property, therefore, scholars from the United States and the United Kingdom challenge traditional conceptions of private property while presenting a range of views on both the meaning of private property, and on the ability, some might say the requirement, of the state to regulate it.
Book Synopsis Public Vs. Private Ownership and Economic Performance by : John E. Kwoka (jr.)
Download or read book Public Vs. Private Ownership and Economic Performance written by John E. Kwoka (jr.) and published by . This book was released on 1995 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Public and Private Ownership of British Industry, 1820-1990 by : James Foreman-Peck
Download or read book Public and Private Ownership of British Industry, 1820-1990 written by James Foreman-Peck and published by . This book was released on 1994 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: A history of network industries such as railways, gas, water electricity and telecommunications, which offers an historical approach to the contentious issue of privatization. The book traces the development of various institutional arrangements for 170 years.
Book Synopsis State Versus Private Ownership by : Andrei Shleifer
Download or read book State Versus Private Ownership written by Andrei Shleifer and published by . This book was released on 1998 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Private ownership should generally be preferred to public ownership when the incentives to innovate and to contain costs must be strong. In essence, this is the case for capitalism over socialism, explaining the dynamic vitality' of free enterprise. The great economists of the 1930s and 1940s failed to see the dangers of socialism in part because they focused on the role of prices under socialism and capitalism and ignored the enormous importance of ownership as the source of capitalist incentives to innovate. Moreover, many of the concerns that private firms fail to address social goals' can be addressed through government contacting and regulation without resort to government ownership. The case for private provision only becomes stronger when competition between suppliers, reputational mechanisms, and the possibility of provision by private not-for-profit firms, as well as political patronage and corruption, are brought into play
Book Synopsis Public Versus Private Ownership by : Mary M. Shirley
Download or read book Public Versus Private Ownership written by Mary M. Shirley and published by . This book was released on 2000 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: Disappointment with insider trading in Russia, with voucher privatization in the Czech Republic, and with the privatization of infrastructure 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?
Book Synopsis Designs on the Public by : Kristine F. Miller
Download or read book Designs on the Public written by Kristine F. Miller and published by U of Minnesota Press. This book was released on with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: New York City is home to some of the most recognizable places in the world. As familiar as the sight of New Year’s Eve in Times Square or a protest in front of City Hall may be to us, do we understand who controls what happens there? Kristine Miller delves into six of New York’s most important public spaces to trace how design influences their complicated lives. Miller chronicles controversies in the histories of New York locations including Times Square, Trump Tower, the IBM Atrium, and Sony Plaza. The story of each location reveals that public space is not a concrete or fixed reality, but rather a constantly changing situation open to the forces of law, corporations, bureaucracy, and government. The qualities of public spaces we consider essential, including accessibility, public ownership, and ties to democratic life, are, at best, temporary conditions and often completely absent. Design is, in Miller’s view, complicit in regulation of public spaces in New York City to exclude undesirables, restrict activities, and privilege commercial interests, and in this work she shows how design can reactivate public space and public life. Kristine F. Miller is associate professor of landscape architecture at the University of Minnesota.
Book Synopsis Private Versus Public Corporate Ownership by : Kristian D. Allee
Download or read book Private Versus Public Corporate Ownership written by Kristian D. Allee and published by . This book was released on 2019 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: We investigate the association between public versus private ownership and future long-term changes in profitability. Managers have long debated the implications of public and private corporate ownership; however, little empirical research has provided insight into the issue. We find robust evidence that public firms are associated with significantly lower future long-term changes in operating profitability compared to private firms matched on current profitability, size, growth and industry. We also find that the differential future long-term changes in profitability of public and private firms manifests in both future changes in profit margins and changes in asset turnovers. Additionally, we find evidence consistent with an association between short-termism, competition, and agency costs and the lower future long-term changes in profitability for public versus private firms. The results provide insight for managers and investors into the differential future changes in profitability of public versus private firms and into the factors that drive the differential profitability.
