Privatization and State-Owned Enterprises: Lessons from the United States, Great Britain and Canada
The book is divided into three major sections. The first presents a theoretical discussion that underlies the other essays. The second section deals with privatization issues from the perspective of the United States. The third describes research addressed to the U. K. and Canada. In the first chapt...
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Weitere Verfasser: | , , , |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Dordrecht
Springer Netherlands
1989
|
Ausgabe: | 1st ed. 1989 |
Schriftenreihe: | Rochester Studies in Managerial Economics and Policy
6 |
Schlagworte: | |
Online-Zugang: | BTU01 Volltext |
Zusammenfassung: | The book is divided into three major sections. The first presents a theoretical discussion that underlies the other essays. The second section deals with privatization issues from the perspective of the United States. The third describes research addressed to the U. K. and Canada. In the first chapter, Richard Zeckbauser and Murray Horn develop a wide-ranging theoretical framework for assessing the capabilities and role of state-owned enterprises; it provides a foundation for the analyses that follow. In The Control and Perfonnance o[ State-Owned Enterprises , they describe state-owned enterprises as an extreme case of the separation of ownership and control. The focus is on management --the incentives it faces and the conflicts to which it is subjected. The distinguishing characteristics of public enterprise, the authors suggest, give it a comparative advantage over both public bureaucracy and private enterprise in certain situations. They argue that legislators are more likely to prefer SOEs over private enterprise when the efficiency of private enterprise is undermined by regulation or the tbreat of opportunistic state action, when the informational demands of subsidizing private production to meet distributional objectives are high, when it is difficult to assign property rights, or when state ownership is ideologically appealing. These considerations suggest why SOEs are usually assigned special rights and responsibilities, and they help explain observed regularities in the distribution of SOEs across countries and sectors. Zeckhauser and Horn apply principal-agent theory to identify the key factors underlying the performance of state-owned enterprises |
Beschreibung: | 1 Online-Ressource (384 p) |
ISBN: | 9789401174299 |
DOI: | 10.1007/978-94-011-7429-9 |
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adam_txt | |
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author2 | Macavoy, Paul W. Stanbury, W.T Yarrow, George Zeckhauser, Richard |
author2_role | edt edt edt edt |
author2_variant | p w m pw pwm w s ws g y gy r z rz |
author_facet | Macavoy, Paul W. Stanbury, W.T Yarrow, George Zeckhauser, Richard |
building | Verbundindex |
bvnumber | BV046873898 |
classification_rvk | QR 420 |
collection | ZDB-2-SBE ZDB-2-BAE |
ctrlnum | (ZDB-2-SBE)978-94-011-7429-9 (OCoLC)903194005 (DE-599)BVBBV046873898 |
dewey-full | 338.6 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 338 - Production |
dewey-raw | 338.6 |
dewey-search | 338.6 |
dewey-sort | 3338.6 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
discipline_str_mv | Wirtschaftswissenschaften |
doi_str_mv | 10.1007/978-94-011-7429-9 |
edition | 1st ed. 1989 |
format | Electronic eBook |
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spelling | Privatization and State-Owned Enterprises Lessons from the United States, Great Britain and Canada edited by Paul W. Macavoy, W.T. Stanbury, George Yarrow, Richard Zeckhauser 1st ed. 1989 Dordrecht Springer Netherlands 1989 1 Online-Ressource (384 p) txt rdacontent c rdamedia cr rdacarrier Rochester Studies in Managerial Economics and Policy 6 The book is divided into three major sections. The first presents a theoretical discussion that underlies the other essays. The second section deals with privatization issues from the perspective of the United States. The third describes research addressed to the U. K. and Canada. In the first chapter, Richard Zeckbauser and Murray Horn develop a wide-ranging theoretical framework for assessing the capabilities and role of state-owned enterprises; it provides a foundation for the analyses that follow. In The Control and Perfonnance o[ State-Owned Enterprises , they describe state-owned enterprises as an extreme case of the separation of ownership and control. The focus is on management --the incentives it faces and the conflicts to which it is subjected. The distinguishing characteristics of public enterprise, the authors suggest, give it a comparative advantage over both public bureaucracy and private enterprise in certain situations. They argue that legislators are more likely to prefer SOEs over private enterprise when the efficiency of private enterprise is undermined by regulation or the tbreat of opportunistic state action, when the informational demands of subsidizing private production to meet distributional objectives are high, when it is difficult to assign property rights, or when state ownership is ideologically appealing. These considerations suggest why SOEs are usually assigned special rights and responsibilities, and they help explain observed regularities in the distribution of SOEs across countries and sectors. Zeckhauser and Horn apply principal-agent theory to identify the key factors underlying the performance of state-owned enterprises USA Congress (DE-588)35622-0 gnd rswk-swf Industrial Organization Economic Policy Microeconomics Industrial organization Economic policy Internationaler Vergleich (DE-588)4120509-1 gnd rswk-swf Privatisierung (DE-588)4047297-8 gnd rswk-swf Öffentliches Unternehmen (DE-588)4075581-2 gnd rswk-swf Großbritannien (DE-588)4022153-2 gnd rswk-swf Kanada (DE-588)4029456-0 gnd rswk-swf USA (DE-588)4078704-7 gnd rswk-swf (DE-588)1071861417 Konferenzschrift gnd-content (DE-588)1071861417 Konferenzschrift 1987 Rochester NY gnd-content Privatisierung (DE-588)4047297-8 s Großbritannien (DE-588)4022153-2 g Kanada (DE-588)4029456-0 g USA Congress (DE-588)35622-0 b DE-604 Öffentliches Unternehmen (DE-588)4075581-2 s Internationaler Vergleich (DE-588)4120509-1 s USA (DE-588)4078704-7 g Macavoy, Paul W. edt Stanbury, W.T. edt Yarrow, George edt Zeckhauser, Richard edt Erscheint auch als Druck-Ausgabe 9789401174312 Erscheint auch als Druck-Ausgabe 9780898382976 Erscheint auch als Druck-Ausgabe 9789401174305 https://doi.org/10.1007/978-94-011-7429-9 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Privatization and State-Owned Enterprises Lessons from the United States, Great Britain and Canada USA Congress (DE-588)35622-0 gnd Industrial Organization Economic Policy Microeconomics Industrial organization Economic policy Internationaler Vergleich (DE-588)4120509-1 gnd Privatisierung (DE-588)4047297-8 gnd Öffentliches Unternehmen (DE-588)4075581-2 gnd |
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title | Privatization and State-Owned Enterprises Lessons from the United States, Great Britain and Canada |
title_auth | Privatization and State-Owned Enterprises Lessons from the United States, Great Britain and Canada |
title_exact_search | Privatization and State-Owned Enterprises Lessons from the United States, Great Britain and Canada |
title_exact_search_txtP | Privatization and State-Owned Enterprises Lessons from the United States, Great Britain and Canada |
title_full | Privatization and State-Owned Enterprises Lessons from the United States, Great Britain and Canada edited by Paul W. Macavoy, W.T. Stanbury, George Yarrow, Richard Zeckhauser |
title_fullStr | Privatization and State-Owned Enterprises Lessons from the United States, Great Britain and Canada edited by Paul W. Macavoy, W.T. Stanbury, George Yarrow, Richard Zeckhauser |
title_full_unstemmed | Privatization and State-Owned Enterprises Lessons from the United States, Great Britain and Canada edited by Paul W. Macavoy, W.T. Stanbury, George Yarrow, Richard Zeckhauser |
title_short | Privatization and State-Owned Enterprises |
title_sort | privatization and state owned enterprises lessons from the united states great britain and canada |
title_sub | Lessons from the United States, Great Britain and Canada |
topic | USA Congress (DE-588)35622-0 gnd Industrial Organization Economic Policy Microeconomics Industrial organization Economic policy Internationaler Vergleich (DE-588)4120509-1 gnd Privatisierung (DE-588)4047297-8 gnd Öffentliches Unternehmen (DE-588)4075581-2 gnd |
topic_facet | USA Congress Industrial Organization Economic Policy Microeconomics Industrial organization Economic policy Internationaler Vergleich Privatisierung Öffentliches Unternehmen Großbritannien Kanada USA Konferenzschrift Konferenzschrift 1987 Rochester NY |
url | https://doi.org/10.1007/978-94-011-7429-9 |
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