The Impact of Privatization: Ownership and Corporate Performance in the United Kingdom

by Stephen Martin, David Parker

Overview

Are resources allocated more efficiently through private ownership than through the public sector? The experiences of eleven newly privatised companies are examined to evaluate this hypothesis. With the Government's pro-privatization policies in place for over a decade, this is a prime time to evaluate theory versus reality.

Product Details

ISBN-13:	9780415142335
Publisher:	Taylor & Francis
Publication date:	02/13/1997
Series:	Industrial Economic Strategies for Europe Series
Pages:	270
Product dimensions:	6.12(w) x 9.19(h) x (d)

About the Author

Stephen Martin, David Parker

Table of Contents

List of figures, List of tables, Preface, List of abbreviations, 1 PRIVATISATION: THE CONCEPTUAL FRAMEWORK, 2 BRIEF HISTORIES OF THE ORGANISATIONS STUDIED, 3 ASSESSING PERFORMANCE: PRINCIPLES AND METHOD, 4 COMPARATIVE EFFICIENCY AND PRIVATISATION: THE EVIDENCE SO FAR, 5 PRIVATISATION AND PRODUCTIVITY, 6 ACCOUNTING RATIOS AND PERFORMANCE MEASUREMENT, 7 ESTIMATING TECHNICAL EFFICIENCY USING DATA ENVELOPMENT ANALYSIS, 8 THE IMPACT OF PRIVATISATION ON EMPLOYMENT AND THE DISTRIBUTION OF BUSINESS INCOME, 9 PRIVATISATION AND BUSINESS RESTRUCTURING, 10 SUMMARY AND CONCLUSIONS, APPENDIX, References, Index