From State to Market: A Survey of Empirical Studies on Privatization

By W. L. Megginson, Jeffry M. Netter. 2001

1,133 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/42a28fc8bead92b937fc2caa7300bcd0c44c5c8f

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Citations in the corpus

Privatization and Stock Market Liquidity (2007, positive): “This sequencing of sales has been ascribed to several reasons, ranging from the absorption capacity of domestic stock markets to the building of reputational capital by privatizing governments (Megginson and Netter, 2001).”
Excludable and Non-Excludable Public Inputs: Consequences for Economic Growth (2006, neutral): “A second argument arises in the context of privatization debates; see Megginson and Netter (2001).”
Granting and Renegotiating Infrastructure Concessions: Doing it Right (2004, background): “…have, on average, delivered superior performance and needed investments (Birdsall and Nellis 2002; Guasch, Andres, and Foster forthcoming; Kikeri and Nellis 2002; La Porta and Lopez-de-Silanes 1999; McKenzie and Mookherjee 2003; Megginson and Netter 2001; Nellis 2003; Torero and Pasco-Font 2001).”
Partial Privatization and Firm Performance (2005, neutral): “[21] Megginson, W.”
The performance of privatized firms in the Czech Republic (2002, neutral): “Megginson and Netter (2000) report that 30 of the 34 largest initial share offerings in history have been privatizations.”
The impact of state ownership on performance differences in privately-owned versus state-owned banks: An international comparison (2010, positive): “2 Megginson and Netter (2001) present a survey of studies that have provided evidence on the relative performance of stateowned and privately-owned firms.”
Leviathan as a Minority Shareholder: Firm-Level Implications of State Equity Purchases (2013, positive): “…research generally supports this prediction (e.g., AnuattiNeto, Barossi-Filho, Carvalho, & Macedo, 2005; Boardman & Vining, 1989; Kikeri, Nellis, & Shirley, 2013 1777Inoue, Lazzarini, and Musacchio 1992; La Porta & López-de-Silanes, 1999; Megginson & Netter, 2001; Yiu, Bruton, & Lu, 2005).”
The New Comparative Economics (2003, background): “Acemoglu et al. (2001) show that settlers suffered very different rates of mortality in different colonies, and accordingly were much more likely to stay and develop their institutions in the colonies where they survived.”
Ownership as a Form of Corporate Governance (2010, positive): “Sell-offs might also be used to generate state revenue (in privatization programmes), save employment, and improve production quality or service (Megginson and Netter, 2001; Tihanyi and Hegarty, 2007).”
The Different Extent of Privatisation Proceeds in EU Countries: A Preliminary Explanation Using a Public Choice Approach (2005, positive): “…microeconomic and case study data are supportive of the positive effects of privatisation as an important imperative of supply side economics, i.e. to roll back the state’s influence on the economy, over time on growth and employment (Davis/Ossowski/Richardson/Barnett 2000, Megginson/Netter 2001).”