Privatisation
Working Paper
Regulation of Private Equity - Backed Leveraged Buyout Activity in Europe
Private equity-backed leveraged buyout activity in European markets has risen to unprecedented levels in recent years. This has yielded significant economic benefits but it has also prompted deepening concerns about excessive leverage, conflicts...Read more
The Eclipse of Private Equity
Private equity, characterized by firms operating as privately held partnerships organizing the acquisition and "taking private" of public companies, is currently dominating the business news due to deals growing rapidly in number and size. If the...Read more
Government Control of Privatized Firms
We study the change in government control of privatized firms in OECD countries. Results indicate that governments typically transfer ownership rights without relinquishing proportional control. Control is commonly retained by leveraging state...Read more
News
Governance Challenges of Listed StateOwned Enterprises around the World: National Experiences and a Framework for Reform
Governance Challenges of Listed StateOwned Enterprises around the World: National Experiences and a Framework for Reform
Despite predictions of their demise in the aftermath of the collapse of socialist economies in Eastern Europe, state-owned enterprises (SOEs) are...Read more