Residual state ownership, policy stability and financial performance following strategic decisions by privatizing telecoms

    Journal of International Business Studies, Volume 40, Issue 4, 2009, Pages 621-641.

    Cited by: 58|Bibtex|Views0|Links
    Keywords:
    political economytele- communicationsprivatizationinstitutional theoryevent studyMore(5+)

    Abstract:

    We question previous research assuming that privatizing firm performance benefits from decreasing state ownership and the passage of time, both of which purportedly align principle-agent incentives promoting organizational decision-making that increases shareholder value. In response, we develop and test an alternative "credible" privatiz...More

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