عنوان

The impact of privatisation :

(Number (ISBN

0415142334

(Number (ISBN

9780415142335

Number

b705560

Title Proper

The impact of privatisation :

General Material Designation

[Book]

Other Title Information

ownership and corporate performance in the UK /

First Statement of Responsibility

Stephen Martin and David Parker.

Place of Publication, Distribution, etc.

New York :

Name of Publisher, Distributor, etc.

Routledge,

Date of Publication, Distribution, etc.

1997.

Specific Material Designation and Extent of Item

xiii, 255 pages :

Other Physical Details

illustrations ;

Dimensions

24 cm.

Series Title

Industrial economic strategies for Europe

Text of Note

Simultaneously published in the USA and Canada.

Text of Note

Includes bibliographical references (pages 223-244) and index.

Text of Note

"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."--BOOK JACKET.

Industrial productivity-- Great Britain.

Privatization-- Great Britain.

Industrial productivity-- Great Britain.

Entreprises-- Productivité-- Grande-Bretagne.

Industrial productivity.

Privatisations-- Grande-Bretagne.

Privatisering.

Privatisierung

Privatization.

Productivité-- Grande-Bretagne.

Productiviteit.

Unternehmenserfolg

Great Britain.

Großbritannien

7

7

Number

338.981.5

Number

Edition

Class number

Book number

Class number

Class number

Class number

System Code

System Code

Martin, Stephen,1961-

Parker, David,1949 September 28-

Date of Transaction

20201207205431.0

Electronic name

[Book]

Y