Privatization and efficiency: differentiating ownership effects from political, organizational, and dynamic effects
B Villalonga - Journal of Economic Behavior & Organization, 2000 - Elsevier
This paper argues that the private-public ownership factor should be differentiated from
other factors that also influence the effect of privatization on efficiency. This is empirically …
other factors that also influence the effect of privatization on efficiency. This is empirically …
The Spanish privatisation process: Implications on the performance of divested firms
This paper reviews the main characteristics of the Spanish privatisation and liberalisation
processes and their consequences for the performance of privatised firms. Conventional pre …
processes and their consequences for the performance of privatised firms. Conventional pre …
The efficiency of state-owned and privatized firms: Does ownership make a difference?
This paper compares the pre-and post-privatization efficiency of a sample of state-owned
enterprises privatized in Spain with the efficiency of their closest private competitors. We …
enterprises privatized in Spain with the efficiency of their closest private competitors. We …
Is the restructuring-performance relationship moderated by the economic cycle and the institutional environment for corporate governance?
This study analyses the effect that the institutional environment for corporate governance
and the economic cycle have on the relationship between the business portfolio …
and the economic cycle have on the relationship between the business portfolio …
Post-privatisation ownership concentration: Determinants and influence on firm efficiency
With this study we aim to contribute to the empirical literature on privatisation processes by
analysing the determinants of post-divestment private ownership concentration and its …
analysing the determinants of post-divestment private ownership concentration and its …
Privatization policy in Spain: stuck between liberalization and the protection of national's interest
P Arocena - 2006 - direct.mit.edu
The privatization of public firms started to be significant in Spain from the mid 1980s and has
been conducted under two different administrations: the Socialist administration (1982 …
been conducted under two different administrations: the Socialist administration (1982 …
Privatisation and changes in human resource management: evidence from Spain
K Zabalza, J Matey - The International Journal of Human Resource …, 2011 - Taylor & Francis
This study explores the changes in human resource management, which take place after a
public company's privatisation and proposes a theoretical model of global analysis that …
public company's privatisation and proposes a theoretical model of global analysis that …
Governance and performance of Spanish privatised firms
This paper analyses the effect of the Spanish privatisation process on the performance and
corporate governance of the firms that were privatised through public offerings over the 1985 …
corporate governance of the firms that were privatised through public offerings over the 1985 …
What drives the operating performance of privatised firms?
Using a panel data analysis of Spanish privatised firms, we study how different factors
influence the operating performance of divested companies. The results show that it is not …
influence the operating performance of divested companies. The results show that it is not …
Changing objectives and formulas in privatization policies: The case of Spain
JB Ubillos - Administration & Society, 2005 - journals.sagepub.com
This article looks at the specific processes by which policies are formulated, implemented,
and changed. The case study considered posits that privatization may mean different things …
and changed. The case study considered posits that privatization may mean different things …