Privatisation and Corporate Performance

This is a carefully edited selection of the most important articles concerning the impact of privatisation on corporate performance. It consists of 26 of the most significant papers on the subject previously published in leading journals around the world.Following a new introductory overview of the subject by the editor, Privatisation and Corporate Performance is divided into four main sections. Part I features material on the theory of privatisation. Part II follows with empirical studies of state and private ownership. Part III consists of papers on empirical studies of privatisation. The final part focuses on outstanding issues of privatisation and corporate performance and includes pointers to future research. This authoritative collection will be of particular interest to academics and students of privatisation and to managers, policymakers and consultants who are concerned with designing privatisation programmes.