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• W210315475 abstract "The quality of corporate governance is influential to operating efficiency of a public firm and thereby affects the government’s privatization policies. Within a mixed duopoly market, this paper considers corporatization and related corporate governance improving in economic sense to show that the effects of public firm’s governance enhancement can be extracted out from the effects of privatization. More importantly, the optimal privatization policy should be a flexible instrument hinging on the extent of governance improvement. Scenarios with a less efficient or an equally efficient public firm are considered and the result holds in both scenarios. Hence policy implications apply." @default.
• W210315475 created "2016-06-24" @default.
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• W210315475 date "2015-05-19" @default.
• W210315475 modified "2023-10-18" @default.
• W210315475 title "Better governance matters optimal privatization policy" @default.
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• W210315475 doi "https://doi.org/10.1007/s40822-015-0025-6" @default.
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