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The Impact of Privatisation
Stephen Martin
David Parker
其他書名
Ownership and Corporate Performance in the UK
出版
Psychology Press
, 1997
主題
Business & Economics / General
Business & Economics / Development / Economic Development
Business & Economics / Economics / General
Business & Economics / Government & Business
Business & Economics / Industrial Management
ISBN
0415142334
9780415142335
URL
http://books.google.com.hk/books?id=T2pV5ZrJoCwC&hl=&source=gbs_api
EBook
SAMPLE
註釋
The first four chapters provide background material for the empirical work that follows. Chapter 1 outlines the theoretical arguments for and against the idea that private ownership will be more efficient than state control. Chapter 2 provides brief histories of the eleven organisations studied and chapter 3 discusses how their performance can be measured. Chapter 4 reviews the literature on the relative efficiency of public and private ownership. Chapter 5 considers the impact of privatisation on each of the eleven firms' labour and total factor productivity growth. Chapter 6 performs a similar analysis using two standard accounting ratios (value-added and the rate of profit). Chapter 7 assesses the impact of privatisation on technical efficiency using data envelopment analysis. In chapter 8 the impact of ownership on employment, wage levels and the distribution of business income is considered.