Matches in SemOpenAlex for { <https://semopenalex.org/work/W1760281056> ?p ?o ?g. }
Showing items 1 to 90 of
90
with 100 items per page.
- W1760281056 endingPage "138" @default.
- W1760281056 startingPage "111" @default.
- W1760281056 abstract "The issue of public enterprises, especially those operating on an international scale, is gaining increasing attention. This paper evaluates the performance of contemporary public enterprises. We first identify public enterprises according the OECD approach, when the control of the public owner is greater than 50% (Christianen 2011, Kowalski et al. 2013), and we analyze about 1,000 listed companies (private and public) extracted from the Forbes Global 2000 - which lists the largest companies in the world - considering some performance indicators (ROS, ROA, ROE); size indicators, and their sector and country of origin. Next, we move to analyze the behavior of public and private enterprises which are active in the market for corporate control (mergers and acquisitions, M&As). In this second step, we adopt a more flexible definition of public enterprise, as we consider to be public every firm where the top shareholder is a public institution. According to Musacchio and Lazzarini (2014), this approach allows to take into account different types of contemporary public enterprises. By combining data and information reported by Orbis and Zephyr (BVD) we select only the M&As for which it is possible to determine the proprietary nature of the acquirer in the year before the deal, and where pre-deal economic data on firm performance are simultaneously available for both the acquirer and the acquired company. Our final sample is composed of 25,322 deals, of which 2,488 are performed by a public acquirer. Both the analysis of the performance of large companies on a global scale, and the analysis of M&A deals, confirm that public enterprises are currently active in the global market arena, and they show a comparable performance with private ones, and even higher in some specific sectors. The concerns about market distortions determined by contemporary public enterprises do not seem to be supported by the empirical evidence." @default.
- W1760281056 created "2016-06-24" @default.
- W1760281056 creator A5009177354 @default.
- W1760281056 creator A5013576896 @default.
- W1760281056 creator A5030994929 @default.
- W1760281056 date "2015-02-05" @default.
- W1760281056 modified "2023-10-18" @default.
- W1760281056 title "Public enterprises in a global perspective in the last decade" @default.
- W1760281056 doi "https://doi.org/10.1430/79718" @default.
- W1760281056 hasPublicationYear "2015" @default.
- W1760281056 type Work @default.
- W1760281056 sameAs 1760281056 @default.
- W1760281056 citedByCount "0" @default.
- W1760281056 crossrefType "posted-content" @default.
- W1760281056 hasAuthorship W1760281056A5009177354 @default.
- W1760281056 hasAuthorship W1760281056A5013576896 @default.
- W1760281056 hasAuthorship W1760281056A5030994929 @default.
- W1760281056 hasConcept C10138342 @default.
- W1760281056 hasConcept C120757647 @default.
- W1760281056 hasConcept C121332964 @default.
- W1760281056 hasConcept C121955636 @default.
- W1760281056 hasConcept C136264566 @default.
- W1760281056 hasConcept C144133560 @default.
- W1760281056 hasConcept C147859227 @default.
- W1760281056 hasConcept C162324750 @default.
- W1760281056 hasConcept C17744445 @default.
- W1760281056 hasConcept C185592680 @default.
- W1760281056 hasConcept C187736073 @default.
- W1760281056 hasConcept C198531522 @default.
- W1760281056 hasConcept C199539241 @default.
- W1760281056 hasConcept C2775924081 @default.
- W1760281056 hasConcept C2778755073 @default.
- W1760281056 hasConcept C2780510313 @default.
- W1760281056 hasConcept C31196326 @default.
- W1760281056 hasConcept C39389867 @default.
- W1760281056 hasConcept C40700 @default.
- W1760281056 hasConcept C43617362 @default.
- W1760281056 hasConcept C62520636 @default.
- W1760281056 hasConceptScore W1760281056C10138342 @default.
- W1760281056 hasConceptScore W1760281056C120757647 @default.
- W1760281056 hasConceptScore W1760281056C121332964 @default.
- W1760281056 hasConceptScore W1760281056C121955636 @default.
- W1760281056 hasConceptScore W1760281056C136264566 @default.
- W1760281056 hasConceptScore W1760281056C144133560 @default.
- W1760281056 hasConceptScore W1760281056C147859227 @default.
- W1760281056 hasConceptScore W1760281056C162324750 @default.
- W1760281056 hasConceptScore W1760281056C17744445 @default.
- W1760281056 hasConceptScore W1760281056C185592680 @default.
- W1760281056 hasConceptScore W1760281056C187736073 @default.
- W1760281056 hasConceptScore W1760281056C198531522 @default.
- W1760281056 hasConceptScore W1760281056C199539241 @default.
- W1760281056 hasConceptScore W1760281056C2775924081 @default.
- W1760281056 hasConceptScore W1760281056C2778755073 @default.
- W1760281056 hasConceptScore W1760281056C2780510313 @default.
- W1760281056 hasConceptScore W1760281056C31196326 @default.
- W1760281056 hasConceptScore W1760281056C39389867 @default.
- W1760281056 hasConceptScore W1760281056C40700 @default.
- W1760281056 hasConceptScore W1760281056C43617362 @default.
- W1760281056 hasConceptScore W1760281056C62520636 @default.
- W1760281056 hasIssue "1" @default.
- W1760281056 hasLocation W17602810561 @default.
- W1760281056 hasOpenAccess W1760281056 @default.
- W1760281056 hasPrimaryLocation W17602810561 @default.
- W1760281056 hasRelatedWork W185129433 @default.
- W1760281056 hasRelatedWork W2111668028 @default.
- W1760281056 hasRelatedWork W2125982904 @default.
- W1760281056 hasRelatedWork W2142739996 @default.
- W1760281056 hasRelatedWork W2261670024 @default.
- W1760281056 hasRelatedWork W2278519993 @default.
- W1760281056 hasRelatedWork W241467642 @default.
- W1760281056 hasRelatedWork W2549886929 @default.
- W1760281056 hasRelatedWork W2598569708 @default.
- W1760281056 hasRelatedWork W2731037597 @default.
- W1760281056 hasRelatedWork W2899276733 @default.
- W1760281056 hasRelatedWork W2960382032 @default.
- W1760281056 hasRelatedWork W3102449868 @default.
- W1760281056 hasRelatedWork W3120355376 @default.
- W1760281056 hasRelatedWork W3124784483 @default.
- W1760281056 hasRelatedWork W3125952688 @default.
- W1760281056 hasRelatedWork W3158756258 @default.
- W1760281056 hasRelatedWork W3192861700 @default.
- W1760281056 hasRelatedWork W912337114 @default.
- W1760281056 hasRelatedWork W2598390859 @default.
- W1760281056 hasVolume "36" @default.
- W1760281056 isParatext "false" @default.
- W1760281056 isRetracted "false" @default.
- W1760281056 magId "1760281056" @default.
- W1760281056 workType "article" @default.