Encyclopedia of Law and Economics

2019 Edition
| Editors: Alain Marciano, Giovanni Battista Ramello

State-Owned Enterprises

  • Michael TrebilcockEmail author
Reference work entry
DOI: https://doi.org/10.1007/978-1-4614-7753-2_457

Abstract

This entry reviews the performance of state-owned enterprises (SOEs) in both developed and developing countries, comparing performance with private sector counterparts in the same or other jurisdictions and their own performance before and after privatization. It then reviews alternative privatization modalities, including voucher privatizations, management buyouts (MBOs), privatization through the sale of state property by direct sale or public offerings, and partial privatization. It then reviews alternative reform strategies, including management contracts, performance contracts, policies to increase competition in sectors dominated by state-owned enterprises, and public-private partnerships (PPPs).

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© Springer Science+Business Media, LLC, part of Springer Nature 2019

Authors and Affiliations

  1. 1.University of TorontoTorontoCanada