Privatizing Infrastructure : Capital Market Pressures and Management Incentives

Privatizing Infrastructure : Capital Market Pressures and Management Incentives

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 tha...

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Bibliographic Details
Main Authors: Irwin, Timothy, Alexander, Ian
Format: Viewpoint
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
COMPANY
COMPANY LAW
DEBT
DIVIDENDS
ELECTRICITY
FINANCIAL INCENTIVES
FIRMS
LENDERS
LISTED COMPANIES
MANAGERS
NATURAL MONOPOLIES
POWER PLANTS
PRIVATE COMPANIES
PRIVATE SECTOR
PUBLIC SERVICE
SHAREHOLDERS
UTILITIES
WORKERS DENATIONALIZATION
INFRASTRUCTURE
CAPITAL MARKETS
MONOPOLIES
BANKRUPTCY
STOCKS
REGULATIONS
MANAGEMENT
MARKET COMPETITION
Online Access:http://documents.worldbank.org/curated/en/1996/10/693096/privatizing-infrastructure-capital-market-pressures-management-incentives
http://hdl.handle.net/10986/11604

Internet

http://documents.worldbank.org/curated/en/1996/10/693096/privatizing-infrastructure-capital-market-pressures-management-incentives
http://hdl.handle.net/10986/11604

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