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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Main Authors: | Vaaler, Paul M., Schrage, Burkhard N. |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2009
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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 |
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