Privatisation Performance In Major European Countries Since 1980

Perfect | July 1, 2006

byMotasam Tatahi

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This book investigates performance of both private and state-owned enterprises since the advent of the intensive privatization programmes in Europe at the beginning of the 1980s. Major theoretical approaches, such as the property rights theory, the principal agent theory, the Austrian school of economics and the public choice school, stress the superiority of privately-owned over state-owned companies without addressing how corporate performance should best be measured. With problems existing with standard measures of corporate performance, another method, namely factor analysis, is applied in this volume to best compare the two states.

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This book investigates performance of both private and state-owned enterprises since the advent of the intensive privatization programmes in Europe at the beginning of the 1980s. Major theoretical approaches, such as the property rights theory, the principal agent theory, the Austrian school of economics and the public choice school, s...

MOTASAM TATAHI is Lecturer in Economics at he University of London (SOAS), UK. His areas of expertise include the problems of economic adjustments particularly privatization in major European countries. His teaching features comparative economic systems, macroeconomics, econometrics, data analysis and quantitative methods for both und...
Format:PerfectDimensions:189 pages, 8.89 × 5.74 × 0.66 inPublished:July 1, 2006Publisher:Palgrave MacmillanLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230004849

ISBN - 13:9780230004849

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Table of Contents

List of Tables * Acknowledgements * Introduction * Public Versus Private Ownership Theory and Performance * Literature Review of Public and Private Ownership: Strengths and Weaknesses * Why Factor Analysis? * Results from the Empirical Study: Part I * Results from the Empirical Study: Part II * Summary and General Conclusions