BNET Business Dictionary

Business Definition for: Privatization

  • the transfer of a company from ownership by either a government or a few individuals to the public via the issuance of stock

Wiktionary Definition for: Privatization

  • the transfer of a company or organization from government to private ownership and control

Additional Resources

How Does Trade Sale Privatization Work? Evidence from the Fixed-Line Telecommunications Sector in Developing Economies
This research examines the effects of privatization transaction strategy on enterprise performance in developing economies. Focusing on trade sale privatization, we use an event-driven data strategy and time-series regression techniques on data covering fixed-line telecommunications operators between 1980 and 1998. The results show performance benefits are realized when privatization trade...
Tags: Performance, Privatization, Performance Management, Human Resources, Workforce Management
White papers 2002-09-01
Disgusted.(privatization in Great Britain)
Privatized UK companies such as British Telecom and British Airways are more profitable in 1994 than before their privatization, yet many British citizens and politicians do not favor privatization. But if regulated, privatization can increase productivitPrivatized UK companies such as British Telecom and British Airways are more profitable in 1994...
Tags: British Airways Plc., privatization
Research articles 1995-03-11
How Does Privatization Affect Efficiency, Productivity And Technology Choice?: Evidence From Turkey
Uncovering the effects of privatization is difficult, because privatization of a particular firm usually is not an accident. This paper tests the effects of privatization on efficiency, firm productivity and technology choice by using a rich panel data set of privatized cement firms from Turkey. Since all public cement firms...
Tags: Privatization, Policies And Procedures, Human Resources
White papers 2003-05-01
Methods of privatization.(Privatization: Political and Economic Challenges)
There is a relationship between the economic objectives of privatization and the techniques governments employ to reduce the state's economic role. There is no single privatization technique that works in all situations. Privatization methods such as the outright sale of state enterprises, dilution of state capital, sales of enterprises to...
Tags: asset, FINANCE, Government, investor, Jamaica, privatization, SALES, SOFTWARE, worker, World Bank
Research articles 1997-01-01
Does Privatization Raise Productivity?
This paper analyzes the impact of privatization on MultiFactor Productivity MFP using long panel data for nearly the universe of initially state-owned manufacturing firms in four economies. The positive effects emerge within a year in Hungary, Romania, and Ukraine and continue to grow thereafter, but are still ambiguous even after...
Tags: Privatization, Pre-privatization MFP, Manufacturing
White papers 2004-12-01
A SHARP DECLINE OF REAL ESTATE PRIVATIZATION REGISTERED IN YAROSLAVL.
A&G Information Services 04-16-1996 A SHARP DECLINE OF REAL ESTATE PRIVATIZATION REGISTERED IN YAROSLAVL. - PRIVATIZATION - April 16, 1996. St.Petersburg, Russia. Last year only 5,500 municipal apartments were privatized, which alm A&G Information Services...
Tags: apartment, privatization, real estate, Sharp Corp.
Research articles 1996-04-16
A world of opportunities: the continued high level of foreign direct investment is being driven in large part by a growth in deregulation and privatization, according to an OECD report. (Organization for Economic Cooperation and Development)
Deregulation and privatization have played key roles in the continuing growth of foreign direct investment FDI. Deregulation has resulted in international mergers of major services, while privatization has allowed foreign investors' control of some firmDeregulation and privatization have played key roles in the continuing growth of foreign direct investment FDI....
Tags: deregulation, foreign direct investment, OECD, privatization
Research articles 1997-08-01
The Privatization Decision: Public Ends, Private Means. - book reviews
The Privatization Decision: Public Ends, Private Means The Privatization Decision: Public Ends, Private Means. John Donahue. Basic Books, $22.95. For years the literature on privatization has been so dull or biased that it's been hard to make up one's mind about it. Conservatives, business leaders, and...
Tags: Government, Pentagon, privatization, SOFTWARE
Research articles 1989-11-01
Turkey: World Bank supports second privatization social support project.
M2 PRESSWIRE-15 June 2005-WORLD BANK: Turkey: World Bank supports second privatization social support projectC1994-2005 M2 COMMUNICATIONS LTD RDATE:14062005 Washington - The World Bank today approved a US$465.4 million (Euros 360 million) Second Privatization of Social Support Project Loan PSSPII for...
Tags: FINANCE, Government, privatization, Turkey, World Bank
Research articles 2005-06-15
Obsessed: the latest chapter in the World Bank's privatization plans. (Word Bank/IMF Privatization Mania).
IT IS HARDLY NEWS THAT THE WORLD BANK is a major proponent of privatization. But a new Private Sector Development Strategy PSDS promises to intensify the Bank's support for privatization, extend its privatization advocacy to sectors still generally conceived of as quintessentially public, and introduce novel...
Tags: Alexander, bank, FINANCE, privatization, spokesperson, subsidy, World Bank
Research articles 2002-09-01
Foreign Direct Investment And Privatization
This paper examines whether privatization is a determinant of Foreign Direct Investment FDI in a sample of countries drawn from two regions: Asia and Latin America, where privatization and FDI penetration have been intense. Using annual data for 1990-99 for eight Asian and nine Latin American and Caribbean countries, a...
Tags: Privatization, Foreign Direct Investment, Foreign Direct Investment (FDI), Currency & Foreign Exchange, Investment, Finance
White papers 2005-03-01
Mixed Oligopoly, Subsidization And The Order Of Firm's Moves: The Relevance Of Privatization
A series of previous papers demonstrate that there are no consequences from privatization in a mixed oligopoly when the government uses a subsidy to ensure first best. This conclusion depends upon the assumption that privatization results in a simultaneous move oligopoly. If instead privatization results in a public leader becoming...
Tags: Privatization, Oligopoly, Elsevier, Leadership, Government, Management
White papers 2003-12-04
Privatization And Entries Of Foreign Enterprise In A Differentiated Industry
This paper investigates whether or not privatization I beneficial from the viewpoint of social welfare in a monopolistic competition model. The relationship between the welfare effects of privatization and the degree of foreign direct investment in the private sector is discussed, which is an important problem in developing countries and...
Tags: Currency & Foreign Exchange, Finance, Foreign Direct Investment (FDI), Free Trade, Investment, Privatization, Welfare
White papers 2007-01-09
ITALY: TELECOM ITALIA IN BID FOR TPSA PRIVATIZATION SHARES.(Telekomunikacja Polska)(Brief Article)(Statistical Data Included)
According to AGI, Telecom Italia is interested in the privatization of the Polish Telephone Company TPSA which will float 25 to 35% of ... According to AGI, Telecom Italia is interested in the privatization of the Polish Telephone Company TPSA which will float 25 to 35% of...
Tags: privatization, Telecom Italia
Research articles 2000-01-09
WORLD BANK: World Bank supports regulatory reform and privatization in Bolivia
M2 PRESSWIRE-1 July 1998-WORLD BANK: World Bank supports regulatory reform and privatization in Bolivia C1994-98 M2 COMMUNICATIONS LTD RDATE:300698 The World Bank today approved a US$20 million International Development Association IDA credit to Bolivia for a Regulatory Reform and Privatization Technical Assistance Project. The...
Tags: Bolivia, FINANCE, privatization, World Bank
Research articles 1998-07-01
WORLD BANK: World Bank supports Cape Verde's privatization and regulatory reforms
M2 PRESSWIRE-22 July 1998-WORLD BANK: World Bank supports Cape Verde's privatization and regulatory reforms C1994-98 M2 COMMUNICATIONS LTD RDATE:210798 The World Bank today approved a US$9.0 million equivalent credit to support Cape Verde's Privatization and Regulatory Capacity Building Project. The government is seeking...
Tags: FINANCE, Government, privatization, World Bank
Research articles 1998-07-22
Privatization Suffers Setback at McClellan Air Force Base, Calif.(Originated from The Sacramento Bee, Calif.)
Sep. 9--First the privatization effort at McClellan Air Force Base was dealt a potential setback. Then it was put in limbo. The potential setback came last week when the Air Force, in the first big test...
Tags: Air Force, Boeing Co., Manufacturing, privatization, Sacramento
Research articles 1997-09-09
Privatization
GAO's Latest Housing Privatization Report In April 2006, the GAO issued a report (1) on the military's family housing privatization program. (2) The GAO's objective in undertaking this study was to assess "whether opportunities exist to improve DoD's oversight of awarded housing privatization projects and to what extent projects...
Tags: General Accounting Office, U.S. Department of Defense
Research articles 2007-01-01
Power politics: supporters of federal power privatization have learned a lot from failures in the last Congress
"We knew we'd face resistance, but we expected early victories to come easier," says Rep. Scott Klug (R-Wisc.), picked by Newt Gingrich to lead federal privatization efforts when Republicans took control of Congress in 1994. Klug and other privatization supporters knew they had an ambitious agenda, but they thought it...
Tags: Government, privatization, Republican, U.S. Congress
Research articles 1997-04-01
Malaysia privatization: a comprehensive study
As the first comprehensive study on privatization in Malaysia, this paper compares financial and operating performance of a sample of 24 firms before and after privatization. The 24 firms were privatized via public listing on the Malaysian exchange. Measures that improve following privatization include profitability, output level, and dividend payout;...
Tags: DELTA, dividend, FINANCE, Government, GOVT, Malaysia, performance, privatization, Sec, SIP
Research articles 2002-12-22
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