A contractual analysis of state versus private ownership
We uniquely analyze the advantages and disadvantages of private ownership versus state ownership under various circumstances by focusing on three aspects: external risk, internal governance, and relative importance of owners versus managers. Our theoretical analysis indicates that private ownership...
| Main Authors: | , |
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| Format: | Article |
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Elsevier
2017
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| Subjects: | |
| Online Access: | https://eprints.nottingham.ac.uk/50062/ |