Privatizing Telecoms and Residual State Influence on Financial Performance
We test competing theoretical perspectives explaining likely shareholder returns from material investment decisions announced by privatizing telecommunications firms (telecoms) with varying levels of residual state ownership. A principal-agent perspective suggests that decrease in residual state own...
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Main Authors: | , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2004
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Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/2344 https://ink.library.smu.edu.sg/context/lkcsb_research/article/3343/viewcontent/3304_SchrageVaaler.pdf |
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Institution: | Singapore Management University |
Language: | English |