Privatization programmes have been justified as a shift from state to private ownership to improve efficiency. However, a review entitled “Privatization: Implications of a Shift from State to Private Ownership” challenges some of the long-standing assumptions about privatization, offering a more nuanced and contextualised understanding of the practice. The co-authors, Mislav Radić, Davide Ravasi and Kamal Munir, highlight that despite theoretical predictions, past studies have produced mixed results.
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Additional Information
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Radić, M., Ravasi, D., & Munir, K. (2021). Privatization: Implications of a Shift from State to Private Ownership. Journal of Management, 47(6), 1596–1629. [ Ссылка ]
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Science Animated
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#economics
#business
#privatisation
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