Publication:
Privatizing Infrastructure : Capital Market Pressures and Management Incentives

dc.contributor.author Irwin, Timothy
dc.contributor.author Alexander, Ian
dc.date.accessioned 2012-08-13T15:30:52Z
dc.date.available 2012-08-13T15:30:52Z
dc.date.issued 1996-10
dc.description.abstract The authors propose a number of privatization rules to ensure that management will improve after privatization. Governments should ensure that the privatized sector has several firms operating in industries that are local natural monopolies, so that if one operator goes bankrupt, another can readily take over. Governments should also permit concentrated ownership and foreign ownership, and profits should not be guaranteed through regulation. en
dc.identifier http://documents.worldbank.org/curated/en/1996/10/693096/privatizing-infrastructure-capital-market-pressures-management-incentives
dc.identifier.uri http://hdl.handle.net/10986/11604
dc.language English
dc.publisher World Bank, Washington, DC
dc.relation.ispartofseries Viewpoint: Public Policy for the Private Sector; Note No. 93
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo/
dc.subject COMPANY
dc.subject COMPANY LAW
dc.subject DEBT
dc.subject DIVIDENDS
dc.subject ELECTRICITY
dc.subject FINANCIAL INCENTIVES
dc.subject FIRMS
dc.subject LENDERS
dc.subject LISTED COMPANIES
dc.subject MANAGERS
dc.subject NATURAL MONOPOLIES
dc.subject POWER PLANTS
dc.subject PRIVATE COMPANIES
dc.subject PRIVATE SECTOR
dc.subject PUBLIC SERVICE
dc.subject SHAREHOLDERS
dc.subject UTILITIES
dc.subject WORKERS DENATIONALIZATION
dc.subject INFRASTRUCTURE
dc.subject CAPITAL MARKETS
dc.subject MONOPOLIES
dc.subject BANKRUPTCY
dc.subject STOCKS
dc.subject REGULATIONS
dc.subject MANAGEMENT
dc.subject MARKET COMPETITION
dc.title Privatizing Infrastructure : Capital Market Pressures and Management Incentives en
dspace.entity.type Publication
okr.crosscuttingsolutionarea Jobs
okr.doctype Publications & Research :: Viewpoint
okr.doctype Publications & Research
okr.docurl http://documents.worldbank.org/curated/en/1996/10/693096/privatizing-infrastructure-capital-market-pressures-management-incentives
okr.globalpractice Transport and ICT
okr.globalpractice Environment and Natural Resources
okr.globalpractice Governance
okr.globalpractice Trade and Competitiveness
okr.globalpractice Health, Nutrition, and Population
okr.identifier.externaldocumentum 090224b0854aa6bf_2_0
okr.identifier.internaldocumentum 693096
okr.identifier.report 16882
okr.language.supported en
okr.pdfurl http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2000/10/24/000009265_3980420172652/Rendered/PDF/multi_page.pdf en
okr.region.administrative Europe and Central Asia
okr.region.country United States
okr.region.country United Kingdom
okr.topic Public Sector Economics
okr.topic Infrastructure Economics and Finance :: Private Participation in Infrastructure
okr.topic Health Monitoring and Evaluation
okr.topic Environmental Economics and Policies
okr.topic Small Scale Enterprise
okr.topic Industry
okr.topic Health, Nutrition and Population
okr.topic Public Sector Development
okr.topic Environment
okr.unit Off of VP
okr.unit FPD - WB (FPDVP)
okr.volume 1 of 1
relation.isAuthorOfPublication 4cdd14e3-d673-5b41-bfda-166d60c2e404
relation.isSeriesOfPublication 1067ecbf-b217-4376-a77e-64594be2b212
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