Download or read book Public Enterprise in Britain written by V. V. Ramanadham and published by Routledge. This book was released on 2019-01-30 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1959, the author has observed at first hand the workings of public enterprise in Britain. He has coupled objectivity with an acute sense of economic perception and has produced a clear and ordered study of the workings of nationalization in industry at the time. His book does not contain an argument on whether nationalization is desirable or not. On the assumption that there is nationalization he attempts to discuss certain important problems raised by it in the fields of management, pricing, resource allocation and public control. He hopes that a discussion of this nature will contribute towards ensuring the most satisfactory results from nationalization.
Download or read book Routledge Library Editions Public Enterprise and Privatization written by Various and published by Routledge. This book was released on 2021-07-27 with total page 4084 pages. Available in PDF, EPUB and Kindle. Book excerpt: Routledge Library Editions: Public Enterprise and Privatization (14 Volume set) presents titles, originally published between 1933 and 1991. The set covers both public enterprise and privatization and the impact they have had in the developed and developing world from the start of the twentieth century through to the early 1990s. Written by key figures in the field, it will be of particular interest to students of business, economics, finance and industry.
Download or read book The Impact of Privatisation written by Stephen Martin and published by Psychology Press. This book was released on 1997 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decade economic policy in the UK and elsewhere has been guided by the belief that resources are used more efficiently in the private sector than under state ownership. Consequently, many formerly state-owned companies have been transferred to the private sector. After surveying the theoretical arguments for and against this hypothesis, this book examines the experience of eleven firms, including British Airways, Rolls-Royce and British Telecom. Various indicators are used to measure each firm's performance before and after privatisation to assess whether this policy has brought about improvements in efficiency. 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. The penultimate chapter discusses the restructuring that has followed each company's move into the private sector, and the final chapter summarises the results.
Download or read book The Impact of Privatization written by Stephen Martin and published by Routledge. This book was released on 1997-02-13 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Economic Liberalisation and Public Enterprises written by R. K. Mishra and published by Concept Publishing Company. This book was released on 2006 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Indian context.
Download or read book Building the New Europe written by Mario Baldassarri and published by Springer. This book was released on 1993-10-15 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: Building the 'New Europe' is at the core of the new international economic and political initiatives leading the world through the nineties and toward the twenty-first century. This challenge rests on dual processes: on the one hand, the European Community-wide single market and monetary integration; and, on the other, the East European transition to the market place and integration with Western economies. The volume is divided into two parts. The first section includes essays on the general and specific topics linked to the transitions to a market economy and to a pluralist political system. The second section comprises essays on individual countries, such as Hungary, Poland, Yugoslavia and the Republics of the former Soviet Union.
Download or read book Accounting by the First Public Company written by Warwick Funnell and published by Routledge. This book was released on 2013-11-12 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United Dutch East India Company was the first public company, preceding the formation of the English East-India Company by over 40 years. Its fame as the first public company which heralded the transition from feudalism to modern capitalism and its remarkable financial success for nearly two centuries ensure its importance in the history of capitalism. Although a publicly owned, highly complex and diversified business, and commonly agreed to be the largest and most profitable business in the 17th century, throughout its existence the Dutch East-India Company never produced public accounts of its financial affairs which would have allowed investors to judge the performance of the Company. Its financial accounting, which changed little during its lifetime, was not designed as an aid to rational investment decision-making by communicating the Company’s financial performance but to be a means of promoting sound stewardship by senior management. This study examines the contributions of accounting to the remarkable success of the Dutch East-India Company and the influences on these accounting practices. From the time that the German economic historian Werner Sombart proposed that accounting techniques, most especially double-entry bookkeeping, were critical to the development of modern capitalism and the public company, historians and accounting scholars have debated the extent and importance of these contributions. The Dutch East-India Company was a capitalistic enterprise that had a public, permanent capital and its principal objective was to continually increase profit by reinvesting its returns in the business. Rather than the organisation and management of the Dutch East-India Company reflecting the perceived benefits of a particular bookkeeping method, the supremacy that it achieved and maintained in a very hazardous business at a time of recurring conflict between European states was a consequence of the practicalities of 17th century business and The Netherlands’ unique, threatening natural environment which shaped its social and political institutions.
Download or read book The Political Economy of Privatization written by Thomas Clarke and published by Routledge. This book was released on 2005-08-17 with total page 651 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Political Economy of Privatization the authors assess the success of privatization. The work is an international study of the extensive privatization, and the pressure towards privatization, in different parts of the world. The book includes: * A study of the relationship between ownership and performance; * An assessment of the importance of market structure and regulation; * A discussion of privatization strategies within the public sector; * Individual country case-studies, looking at the experience of different countries engaged in the contrasting approaches to privatization. * A critical assessment of the much vaunted relationship between ownership and efficiency.
Download or read book Nationalized Industry and Public Ownership written by William A. Robson and published by Routledge. This book was released on 2022-01-26 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 1960, Nationalized Industry and Public Ownership is concerned with the state of nationalized industries in Britain in the context of the wider sphere of public enterprise in the world. It critically examines themes like the motives and background of nationalization; the state of public corporation in Britain; public utilities as monopoly; parliamentary debates and questions regarding government control; the idea of public accountability; the status of consumers’ councils, and the link between labour relations and public ownership. This book is an important historical document for scholars and researchers of public administration, political economy, British economy, labour economics and British labour history.
Download or read book Nationalized Industry and Public Ownership written by William Alexander Robson and published by . This book was released on 1962 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Privatization and Public Enterprises written by Mr.Richard Hemming and published by International Monetary Fund. This book was released on 1998-09-15 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the role that privatization can play within a wider strategy designed to overcome the problems associated with public enterprises. For this purpose, privatization is defined as a transfer of ownership and control from the public to the private sector, with particular reference to asset sales. It is therefore equated with total or partial denationalization. Economic efficiency is not only the key to improving the performance of the public enterprise sector, but is also the source of other gains often attributed to privatization, in particular, its favorable budgetary impact. To public enterprises that are subject to national or international competition, privatization offers the possibility of increased productive efficiency as government financial backing is withdrawn and bankruptcy and takeover become possibilities. The admissibility and desirability of privatization, as well as what types of enterprise should be privatized, ought to be determined by similar considerations in both industrial and developing countries.
Download or read book The Myth of the Good Corporate Citizen written by Murray Dobbin and published by James Lorimer & Company. This book was released on 2003-04 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a classic for anyone who wants to understand the forces of globalization and their impact on the economy, on politics and on social life -- with a Canadian orientation.
Download or read book Entrepreneurship Development in Public Enterprises written by Joseph Prokopenko and published by International Labour Organization. This book was released on 1991 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a number of cases - both in centrally planned and market economy systems - where the culture and practice of entrepreneurship were successfully introduced into the structure and activities of public enterprises. The book shows how sponsorship can help promote both public and private economic initiaitives by either turning the public enterprise into an entrepreneurial and intrapreneurial organization, or by helping small private business in the start-up stage.
Download or read book The Economic and Social Impact of Privatisation of State owned Enterprises in Africa written by I. Obadan and published by African Books Collective. This book was released on 2008-03-15 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: The case for privatization, whether defined in a broad or narrow sense, has been forcefully made by its advocates against the backdrop of the much advertised poor performances of state-owned enterprises (SOEs) and theoretical arguments relating to the efficiency of private firms over public enterprises. Consequently, privatization and commercialization have been key components of the structural adjustment programmes foisted by the Bretton Woods institutions on Third World countries. Yet, the empirical findings on privatization, especially outside Africa where they exist, do not portray the strategy to be a panacea that works in all circumstances in all branches of economic activity. In spite of this, since the late 1980s, privatization has been stepped up in almost all African countries. And after about two decades of vigorous implementation of privatization programmes in Africa, there is a compelling need for a comprehensive and systematic analysis of various privatization issues, particularly the economic and social impact. This book thus establishes a clear case for a comprehensive and systematic analysis of the impact of privatization in Africa. Specifically, the book provides a state-of-the art review of privatization issues and research questions as a prelude to an in-depth study of the economic and social impact of privatization. In the light of the rich insights brought to bear on the issues, this book should stimulate the interest of researchers, donors and policy makers to undertake or support the follow-up in-depth research envisaged.
Download or read book The American Experiment with Government Corporations written by Jerry Mitchell and published by Routledge. This book was released on 2015-06-01 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This assessment of government corporations examines their records and identifies advantages and failures. The author challenges the reader to think creatively about the government corporate form and ways to reinvent it, capitalizing on its strengths and compensating for its shortcomings.
Download or read book Public Enterprise and the Developing World written by V. V. Ramanadham and published by Routledge. This book was released on 2019-02-11 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1984, this book grew out of the papers (and discussions) presented at the Seminar conducted at London Business School during March-June 1983, with a focus on the problems of public enterprise in the context of the developing world. Essentially, three facts of thought emerged: first, on the working of public enterprises in developing countries; second, on joint ventures and consultancies involving public enterprises in the two groups of countries; and third, on the value and relevance of experience of public enterprises in developed countries, particularly in the UK, for the developing countries. Broadly, the Chapter 1 belongs to the first category, Chapters 6 and 7 to the second and Chapters 8 to 13 to the third. The concluding review seeks to highlight some of the major issues that deserve notice in the light of the views expressed in the papers and the discussions that took place on them.
Download or read book The Public Company Transformed written by Brian Cheffins and published by Oxford University Press. This book was released on 2018-09-28 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: For decades, the public company has played a dominant role in the American economy. Since the middle of the 20th century, the nature of the public company has changed considerably. The transformation has been a fascinating one, marked by scandals, political controversy, wide swings in investor and public sentiment, mismanagement, entrepreneurial verve, noisy corporate "raiders" and various other larger-than-life personalities. Nevertheless, amidst a voluminous literature on corporations, a systematic historical analysis of the changes that have occurred is lacking. The Public Company Transformed correspondingly analyzes how the public company has been recast from the mid-20th century through to the present day, with particular emphasis on senior corporate executives and the constraints affecting the choices available to them. The chronological point of departure is the managerial capitalism era, which prevailed in large American corporations following World War II. The book explores managerial capitalism's rise, its 1950s and 1960s heyday, and its fall in the 1970s and 1980s. It describes the American public companies and executives that enjoyed prosperity during the 1990s, and the reversal of fortunes in the 2000s precipitated by corporate scandals and the financial crisis of 2008. The book also considers the regulation of public companies in detail, and discusses developments in shareholder activism, company boards, chief executives, and concerns about oligopoly. The volume concludes by offering conjectures on the future of the public corporation, and suggests that predictions of the demise of the public company have been exaggerated.
