Residual State Ownership, Policy Stability and Financial Performance Following Strategic Decisions by Privatizing Telecoms

We question previous research assuming that privatizing firm performance generally benefits from decreasing state ownership and the passage of time, both of which purportedly align principal-agent incentives promoting organizational decision-making that increases shareholder value. When state owners...

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Bibliographic Details
Main Authors: Vaaler, Paul M., Schrage, Burkhard N.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2009
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/1066
https://ink.library.smu.edu.sg/context/lkcsb_research/article/2065/viewcontent/Residual_State_Ownership_av.pdf
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Institution: Singapore Management University
Language: English