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Journal articles on the topic 'Privatisation'

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Author: Grafiati

Published: 4 June 2021

Last updated: 31 August 2024

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1

Muhammad Iqbal, Abdullah, Iram Khan, and Zeeshan Ahmed. "Earnings Management And Privatisations: Evidence From Pakistan Evidence From Pakistan." Pakistan Development Review 54, no. 2 (June 1, 2015): 79–96. http://dx.doi.org/10.30541/v54i2pp.79-96.

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This study examines the incidence of earnings management around the time of the privatisation of State Owned Enterprises in Pakistan during 1991-2005. Using the modified Jones model and a sample of large privatisations (minimum US$1 million), it shows that the sampled firms experienced increase in earnings, decrease in cash flows, and increase in current discretionary accruals in the year prior to and/or in the year of privatisation. The SOEs used both short term and long term accruals to inflate reported earnings. These accruals were reversed in the post-privatisation period. These findings suggest that managers of the firms slated for privatisation were engaged in earnings management to inflate their firms‘ financial worth to maximise the privatisation proceeds. Hence, we cannot reject the incidence of earnings management during privatisations in Pakistan. The results imply that the investors should carefully evaluate the to-be-privatised firms and keep in view the possibility of earnings management by the SOEs. JEL Classification: G14, G34, G38, L33, M41 Keywords: Earnings Management, Privatisations, SOEs, Pakistan, Accruals

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2

Nichols, Theo, and Julia O'Connell Davidson. "Privatisation and Economism: An Investigation Amongst ‘Producers’ in Two Privatised Public Utilities in Britain." Sociological Review 41, no. 4 (November 1993): 707–30. http://dx.doi.org/10.1111/j.1467-954x.1993.tb00898.x.

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Both academic and political debate about the effects of privatisation upon employees in privatised companies has taken place in something of an empirical vacuum. In particular, there is a lack of systematic enquiries into the major privatised utilities. Despite the lack of evidence, a number of claims have been advanced, both about the impact of privatisation upon the political attitudes of employees, and about its effects on working conditions, worker motivation and behaviour. This paper presents the results of a survey of 442 employees in two privatised public utilities. It is divided into two parts, looking first at the more general social and political attitudes of these employees, then presenting their views on the impact of privatisation on the company they work for, and on their working lives. The findings reported here lend little support either to new right claims about privatisation's transformative powers or to the view that ‘for most people … privatisation will make very little difference at all’ (Saunders and Harris, 1990).

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3

Bartels, Andreas, and Pablo Weiss. "Performance effects of privatisation: an empirical analysis of telecommunication companies in Germany and Romania." HOLISTICA – Journal of Business and Public Administration 10, no. 2 (August 1, 2019): 7–22. http://dx.doi.org/10.2478/hjbpa-2019-0012.

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Abstract The privatisation of state-owned companies is still on the agenda of many governments worldwide. One often stated goal in the privatisation process is the increase of efficiency of the company. The question is which factors do lead to an increase in efficiency and performance of a privatised company. Where are the fundamental differences between public and private companies in this respect? One goal of this paper is also to determine if other or additional variables influence the efficiency of privatised companies in transitional countries - in contrast to developed economies. Based on the research literature, a model was developed that displays all major forces and effects in the privatisation process. Two case studies of telecommunications companies in Germany and Romania are utilised to verify the model. It is expected that privatisation will lead to an increase of efficiency, but that the main thrust derives from competition. Regulation and organisational change will typically also increase the efficiency of the company. The variables “laws and policies” and “economic condition” are of special importance for privatisations in transition economies.

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4

Srinivasan, T. N. "Privatisation, Regulation, and Competition in South Asia (The Mahbub ul Haq Memorial Lecture)." Pakistan Development Review 41, no. 4I (December 1, 2002): 389–422. http://dx.doi.org/10.30541/v41i4ipp.389-422.

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Privatisation has begun to accelerate in India and Pakistan. However, it is not clear that a change in ownership per se will contribute significantly to a more rapid, efficient, and equitable growth unless policies that ensure competition for these enterprises and remove distortions in factor markets also are undertaken at the same time or prior to privatisation. After a brief discussion of the transition from state-led development to more market-oriented policies and gradual opening to world markets, this paper reviews some of the analytical literature on privatisation and regulation. The translation of these theories into concrete policy suggestions is difficult for countries such as Pakistan and India, where many of the assumptions behind the theories do not hold. However, the results of empirical studies on past privatisations around the world do hold lessons for South Asia. Similarly, theories of regulation offer only broad recommendations, most notably (for South Asia) that regulation is not the best way to redistribute resources. The final section of the paper reviews India’s and Pakistan’s experience with privatisation thus far. Attempted privatisation of electricity in India serves as an example of the need for more attention to regulation, while the transfer of ownership has led to better service at lower cost in the telecommunications sector. Pakistan’s privatisation programme appears to have had similarly mixed results, though it is difficult to come to firm conclusions with the evidence at hand.

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5

Pring, Richard. "Privatisation." Educational Management & Administration 16, no. 2 (January 1988): 85–96. http://dx.doi.org/10.1177/174114328801600202.

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6

Heracleous, Loizos. "Privatisation." International Journal of Public Sector Management 12, no. 5 (September 1999): 432–44. http://dx.doi.org/10.1108/09513559910300190.

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7

Hodge, Graeme A. "Privatisation." Alternative Law Journal 27, no. 4 (August 2002): 177–83. http://dx.doi.org/10.1177/1037969x0202700405.

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8

Lovell, C. A. K. "Privatisation." Economic Analysis and Policy 19, no. 2 (September 1989): 185–95. http://dx.doi.org/10.1016/s0313-5926(89)50024-9.

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9

Bonner, Fred. "Privatisation." Public Money & Management 9, no. 1 (March 1989): 7–8. http://dx.doi.org/10.1080/09540968909387516.

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10

Rich, Gordon. "Privatisation." Journal of Hospital Infection 13, no. 2 (February 1989): 200–201. http://dx.doi.org/10.1016/0195-6701(89)90029-7.

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11

Martin, Brendan. "Resistance to privatisation — social dialogue, US-style." Transfer: European Review of Labour and Research 8, no. 2 (May 2002): 279–91. http://dx.doi.org/10.1177/102425890200800211.

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This article looks at US experiences of the contracting-out form of privatisations, the problems it can cause and the forms of resistance that have developed among public service unions. It focuses in particular on how the municipal workers’ union in Indianapolis combined resistance with partnership to avert privatisation and achieve improved service, employment guarantees and better pay and working conditions. It then details, with reference to airport security, some of the perils of allowing privately owned companies, with their limited business preoccupations, to manage an area with a major public-good component.

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12

Mustonen, Jani Juhani. "Privatisation in East Asia: Comparison of Causes, Processes and Results." Vienna Journal of East Asian Studies 4, no. 1 (June 1, 2014): 97–122. http://dx.doi.org/10.2478/vjeas-2013-0005.

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Abstract Causes of privatisation examined in this paper include the level of economic development, business cycles, fiscal constraints, national debt and external influences. Privatisation can be centralised, decentralised, rapid or gradual or it can be conducted through a privatisation programme or in an improvised, ad hoc manner. The most common privatisation methods include share issue privatisation, direct sale, leasing and privatisation from below. The outcomes of privatisation are viewed in the light of privatisation proceeds and profitability.

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13

Andreff, V. "Russian Privatisation: Approaches and Consequences." Voprosy Ekonomiki, no. 6 (June 20, 2004): 57–78. http://dx.doi.org/10.32609/0042-8736-2004-6-57-78.

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The article analyses privatisation processes in post-Soviet economies from a Coasian standpoint, with a focus on the Russian privatisation strategy, since its designers have attempted to justify it by references to the Coase theorem. However, more political targets have basically inspired the major programmes of privatisation in post-Soviet economies. The analysis shows that mass privatisation has benefited insiders, first of all incumbent managers. Although cash privatisation has reallocated a part of privatised assets, insiders and "oligarchs" still remain major winners. The latter took advantage of the rigged and infamous loans for shares scheme of privatisation which main effect was to stop the privatisation drive. Privatisation has recently been resumed on a case-by-case basis.

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14

Röber, Manfred. "Sack, Detlef (2019). Vom Staat zum Markt. Privatisierung aus politikwissenschaftlicher Sicht. Wiesbaden: VS Verlag, XVII/379 Seiten. ISBN 978-3-658-26872-5; ISBN 978-3-658-26873-2 (eBook); https://doi.org/10.1007/978-3-658-26873-2." der moderne staat – Zeitschrift für Public Policy, Recht und Management 13, no. 1-2020 (June 25, 2020): 241–44. http://dx.doi.org/10.3224/dms.v13i1.12.

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The book by Detlef Sack provides a profound overview of the topic of “privatisation” from a political science perspective. First of all, different forms of privatisation are presented. Then the privatisation topic is placed in the context of political and economic theories. After an overview of the history of privatisation in Germany, Europe and selected countries in Africa and Asia, the author describes and analyses privatisation projects in various policy fields. He then points out the need for an effective regulatory regime for the privatisation of public tasks and services. In a next step, the economic, social and power-political effects of privatisation are outlined. Finally, current reactions to privatisation in the form of remunicipalisation and perspectives for further privatisation research in political science are presented. The book is characterized by a pleasant objectivity in dealing with a politically and scientifically often very controversially discussed topic and can therefore be recommended for reading to anyone interested in this subject.

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15

Barros, Victor, Décio Chilumbo, and Joaquim Miranda Sarmento. "Does privatisation affect industries and firms’ capital structure in Europe?" Journal of Governance and Regulation 10, no. 2 (2021): 166–78. http://dx.doi.org/10.22495/jgrv10i2art14.

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Over the past decades, there has been a trend towards privatisation in Europe. However, surprisingly little has been published in the finance literature on the industry effects of privatisation on non-financial firms’ capital structure. Talberg, Winge, Frydenberg, and Westgaard (2008) demonstrate that capital structures are industry-specific, and the literature on privatisation and leverage claims both a positive and a negative effect. Using a large sample of privatised firms in Europe, this paper analyses the impact of privatisation on firms’ capital structure. Our results provide no evidence that privatisation impacts firms’ capital structure. Instead, the level of leverage remains largely the same a few years after privatisation. These results remain unchanged even after controlling for certain characteristics, such as the type (asset sale or share issue) of privatisation and the percentage of privatisation. However, additional tests reveal that industry specificities are relevant in explaining capital structure variations following privatisation. When considering industry-specific characteristics, we found substantial statistical evidence that firms in capital-intensive industries experience a greater leverage level after being privatised. Our findings also suggest that governments may optimise privatisation processes after considering what capital-intensive firms may require in terms of funding long-term assets.

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16

Garrard, C. J. O. "ESI privatisation." IEE Review 34, no. 5 (1988): 191. http://dx.doi.org/10.1049/ir:19880075.

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17

MacQueen, Andy. "ESI privatisation." IEE Review 34, no. 8 (1988): 310. http://dx.doi.org/10.1049/ir:19880120.

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18

Claridge, G. M. L. "ESI privatisation." IEE Review 34, no. 8 (1988): 310. http://dx.doi.org/10.1049/ir:19880121.

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19

Lidgate, D. "Electricity Privatisation." IEE Review 36, no. 10 (1990): 392. http://dx.doi.org/10.1049/ir:19900166.

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20

Sirc, Ljubo. "Privatisation I." Economic Affairs 13, no. 5 (September 1993): 41–42. http://dx.doi.org/10.1111/j.1468-0270.1993.tb01220.x.

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21

Stelzer, Irwin M. "Privatisation II." Economic Affairs 13, no. 5 (September 1993): 42–43. http://dx.doi.org/10.1111/j.1468-0270.1993.tb01221.x.

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22

Smart, A. "Bus Privatisation." Economic Affairs 14, no. 2 (February 1994): 45–46. http://dx.doi.org/10.1111/j.1468-0270.1994.tb00179.x.

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23

Mamun, Mehadi. "Workers’ quality of working life and privatisation: Insights from a developing country." Corporate Ownership and Control 18, no. 4 (2021): 231–38. http://dx.doi.org/10.22495/cocv18i4art16.

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Privatisation affects tens of thousands of workers in Bangladesh, though most research has focused on the relationships between privatisation and profitability of this developing country’s privatisation programmes. This study, therefore, is an attempt to shed light on workers who are very vulnerable and examines the impact of privatisation on workers’ quality of working life. Employing document analysis and semi-structured face-to-face interviews with privatised and state-owned organisations’ workers in Bangladesh, this study finds that workers’ compensation, job security, access to trade unions, and leave entitlements in most privatised case study organisations are less than their counterparts in comparable state-owned organisations. These findings aim at contributing to the body of research by empirically investigating the impact of privatisation on workers who are left behind and possess important implications for the privatisation programmes in Bangladesh as it informs that there is a need to reassess the privatisation programmes through greater awareness of the negative effects of privatisation on workers and renew efforts to develop an approach that is sensitive to the Bangladeshi context.

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24

Šuterová, Magdalena. "Institutional Investors in the Czech Voucher Privatisation." DANUBE 11, no. 4 (December 1, 2020): 343–54. http://dx.doi.org/10.2478/danb-2020-0020.

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Abstract Voucher privatisation that proceeded in the Czech Republic in the 1990s was a realisation of a unique experiment which resulted in the transfer of almost half of state-owned enterprises to private hands within two years. A substantial part of these private hands was represented by intermediaries – the investment privatisation funds (IPFs). Their presence in the privatisation is often criticised as the cause of the extensive tunnelling. The aim of the paper is to find out how these funds performed after the privatisation. Using the standard Capital Asset Pricing Model, with OLS parameter estimations, I conclude that the so-called tunnelling was not as extensive, and that the privatisation funds were not as harmful for the privatisation as is believed.

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25

Encaoua, David, and Jean-Jacques Santini. "Les privatisations en France : éléments d’analyse et bilan." L'Actualité économique 65, no. 1 (February 3, 2009): 21–52. http://dx.doi.org/10.7202/601478ar.

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RÉSUMÉ L’insuffisance des marchés financiers et leurs défaillances dans la triple fonction d’allocation des ressources, d’évaluation du risque et du contrôle de gestion ont été invoquées pour justifier les privatisations. Le bilan que l’on peut dresser de l’expérience de privatisation française comporte des acquis positifs : l’actionnariat populaire et l’actionnariat salarié se sont largement développés, les contraintes budgétaires de l’État ont été assouplies, le marché boursier français a pu être élargi sans effet d’éviction financière marqué, la flexibilité des entreprises concernées semble avoir été accrue.

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26

Quiggin, John. "The Fiscal Impact of the Privatisation of the Victorian Electricity Industry." Economic and Labour Relations Review 13, no. 2 (December 2002): 326–39. http://dx.doi.org/10.1177/103530460201300209.

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This paper is an analysis of the fiscal effects of the privatisation of the Victorian electricity industry. Privatisation is found to be approximately neutral in its effect on the net worth of the Victorian public sector. The buyers of electricity assets lost money, apparently because they anticipated more favourable regulatory treatment than they actually received. Electricity prices were increase prior to privatisation, and are still higher than those in states where the electricity industry has remained in public ownership, but consumers were not directly affected by privatisation as such. There were reductions in employment both before and after privatisation.

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27

TANKHA, SUNIL. "Lost in Translation: Interpreting the Failure of Privatisation in the Brazilian Electric Power Industry." Journal of Latin American Studies 41, no. 1 (February 2009): 59–90. http://dx.doi.org/10.1017/s0022216x08005117.

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AbstractDid Latin American privatisation policies fail because of flawed implementation of fundamentally sound policies or because privatisation policies were themselves seriously flawed? Using the Brazilian electric power reforms as a narrative tool, this paper examines the causal chain assumed by large-scale privatisation policies that were implemented as part of structural reform and adjustment programmes. The paper concludes that many privatisation policies and the economic stabilisation programmes within which they were embedded were not mutually reinforcing in the way that policymakers had expected, and that in their application much of what privatisation theories had claimed was lost in translation.

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28

Lin, Ming Hsin, and Toshihiro Matsumura. "Optimal Privatisation Policy under Private Leadership in Mixed Oligopolies." Arthaniti: Journal of Economic Theory and Practice 17, no. 1 (June 2018): 1–14. http://dx.doi.org/10.1177/0976747918778441.

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We discuss optimal privatisation policies in mixed oligopolies in which a public firm is the Stackelberg follower (private leadership). We find that under constant marginal cost, the optimal degree of privatisation is zero. When the marginal cost is increasing, however, the optimal degree is never zero, and full privatisation can be optimal. These results suggest that the optimal privatisation policy depends on the cost conditions. We also find that the optimal degree of privatisation is substantially lower under private leadership than in the simultaneous-move model when there is no cost difference between public and private firms.

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29

Larrain, Guillermo, and Carlos Winograd. "Privatisation massive, finances publiques et macroéconomie. Le cas de l'Argentine et du Chili." Revue économique 47, no. 6 (November 1, 1996): 1373–408. http://dx.doi.org/10.3917/reco.p1996.47n6.1373.

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Résumé L'analyse des effets de la privatisation porte généralement sur des aspects microéconomiques. Néanmoins, lorsque la privatisation est massive, l'évaluation de l'impact macroéconomique présente un grand intérêt. Dans un environnement de crise économique chronique, la privatisation peut jouer un rôle de signal de changement de régime des politiques publiques. En Argentine, la privatisation est de grande ampleur et extrêmement rapide. Après l'épisode de l'hyperinflation, elle produit un effet positif considérable sur les finances publiques et contribue à la stabilisation monétaire. Au Chili, le processus de privatisation a été graduel et la restructuration des entreprises a été réalisé avant le transfert de propriété. L'impact sur les finances publiques a été ainsi négligeable. L'analyse économétrique montre que la privatisation massive conduit à une appréciation du taux de change réel et contribue positivement à la croissance.

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30

Terziu, Dr Sc Hysni. "Privatisation Process in Kosovo." ILIRIA International Review 5, no. 1 (June 30, 2015): 41. http://dx.doi.org/10.21113/iir.v5i1.8.

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This paper aims at analysing activities of the privatisation process in Kosovo, seeing that privatisation is treated as a fundamental factor of overall transformation of the whole society.It may be established that the primary aim of privatisation process is increasing economic efficiency, reflection of the current state and directions of development in general. Privatisation as a process has as primary aim of opening new areas of freedom, economic efficiency and individualism.Key aim of privatisation process in Kosovo must be increase of economic efficiency, preservation of the healthy economic potential created up to date, and ensuring of the long term concept, which enables growth and macroeconomic stability. The policy of privatisation should give a response related to strategic aspects of privatisation of these sectors: of models, procedures, potential investors, technological modernisation and overtaking of social barriers.Process of privatisation and transition which has now covered countries of the Eastern and Central Europe, aims at profound economic and political transformation of these countries. To achieve this, it is necessarily required to have some basic preconditions, which are related to incitement of general efficiency of the enterprises, expansion of the capital market, introduction of competition, development of business culture in private property and freedom of entrepreneurship. Impacts of privatisation in economic development of Kosovo take a considerable place compared to other countries, therefore our aim is that through this paper we analyse factors and methods of implementation in this process.

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31

Cuadrado-Ballesteros, Beatriz, and Noemí Peña-Miguel. "Does Privatisation Reduce Public Deficits?" Policy & Politics 47, no. 2 (April 26, 2019): 287–308. http://dx.doi.org/10.1332/030557319x15526372091439.

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This paper provides the first ever analysis of the two-way relationship between the privatisation of government services and fiscal balance. It uses data from 22 European countries between 1995 and 2013 to examine the factors that promote privatisation policies and the effects that privatisation then has on public finances. This is important because privatisation has been promoted by both the European Union and the International Monetary Fund as a way of responding to financial crises, and in an era of austerity it is important to have robust empirical evidence about the extent to which privatisation has achieved this. Our analysis demonstrates that governments often adopt privatisation policies in the hope of improving their fiscal balances, but that political ideology is important since left-wing administrations are more likely to see it as a means of also restructuring government services.

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32

Esser, Josef. "‘Symbolic privatisation’: The politics of privatisation in West Germany." West European Politics 11, no. 4 (October 1988): 61–73. http://dx.doi.org/10.1080/01402388808424709.

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33

Adedeji, Adebayo Olumide. "Privatisation and Performance of Electricity Distribution Companies in Nigeria." Journal of Public Administration and Governance 7, no. 3 (August 31, 2017): 190. http://dx.doi.org/10.5296/jpag.v7i3.11168.

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Privatisation of public enterprises is a complex phenomenon as the process is affected by both endogenous and exogenous factors. Advocates of privatisation of public enterprises in Developing countries tend to have a linear perspective that it will result in efficiency and improved performance of these firms. However, several studies have shown that this is not always the outcome. This paper examined the privatisation and performance of Electricity Distribution Companies in Nigeria and concluded that the outcome was determined more by the form and nature of the government than by the process of privatisation. Therefore, there is a need for further research to identify factors that could enhance or inhibit the success of the privatisation process in Developing countries.

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34

Hentz, James Jude. "The two faces of privatisation: political and economic logics in transitional South Africa." Journal of Modern African Studies 38, no. 2 (June 2000): 203–23. http://dx.doi.org/10.1017/s0022278x00003311.

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Privatisation has both an economic and a political face. In South Africa, this Janus-faced character is revealed by the juxtaposition of economic and political arguments for and against the process of privatisation initiated by the National Party, during the transition to majority rule. This paper argues that the NP set out to fundamentally reorganise the structure of South Africa's political economy as an exit strategy. Although it justified privatisation by employing economic arguments, this ostensible depoliticisation masked political motives. Ironically, the weak economic case reveals the political face of privatisation in South Africa. The timing and context of South Africa's privatisation process is difficult to defend on economic grounds, but it did make political sense.

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35

Peña-Miguel, Noemí, and Beatriz Cuadrado-Ballesteros. "Partisan and Electoral Cycles in Privatisation." Political Studies 68, no. 3 (August 21, 2019): 617–33. http://dx.doi.org/10.1177/0032321719868648.

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This study evidences the existence of partisan and electoral cycles in privatisation, by using a sample composed of 22 European countries during the period 1995–2013. Our findings suggest that privatisation reforms tend to be implemented by governments with different ideologies when elections are not immediate; however, results support a greater orientation of right-wing governments towards privatisation reforms in election periods. After the elections, right-wing governments continue adopting privatisation reforms, but governments from ideological traditions tend to oppose such reforms.

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36

Guy, Mary, and Okeoghene Odudu. "Understanding ‘NHS privatisation’: from competition to integration and beyond in the English NHS." Northern Ireland Legal Quarterly 74, no. 4 (February 21, 2024): 739–64. http://dx.doi.org/10.53386/nilq.v74i4.1068.

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References to National Health Service (NHS) ‘privatisation’ can be found in UK parliamentary debates since the early 1980s, but it remains not well understood as a concept and can certainly be distinguished from the standard definition of ‘privatisation’, meaning taking into private ownership. Nevertheless, it is possible to say that the characteristics of ‘NHS privatisation’ include clear links with the evolving interaction between the NHS and private healthcare, a relationship which can be traced back to the inception of the NHS in 1948.By juxtaposing primarily the debates of the Health and Social Care Act 2012 (HSCA 2012) and the Health and Care Act 2022 (HCA 2022), it becomes possible to gain at least two insights into ‘NHS privatisation’ in the English NHS. Firstly, it enables us to understand whether, and if so, how, ‘NHS privatisation’ may be changing with the reversal of the controversial HSCA 2012 competition reforms by the shift to integration now enshrined by the HCA 2022. Secondly, we gain a greater understanding of how ‘NHS privatisation’ has developed as a criticism capable of being invoked by diverse political parties and thus able to shape the development and implementation of NHS reforms. Thirdly, ‘NHS privatisation’ may operate to inhibit more radical NHS reform in opposing directions by reference to the NHS Bill and the NHS (Co-funding and Co-payment) Bill. Finally, ‘NHS privatisation’ can be understood in terms of questions of accountability and the dynamic between market and state.

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37

Yefimenko, Ihor, Volodymyr Atamanchuk, and Ivo Svoboda. "Illegal privatisation of critical infrastructure facilities: Problematic aspects and ways to solve them." Ûridičnij časopis Nacìonalʹnoï akademìï vnutrìšnìh sprav 13, no. 4 (December 15, 2023): 50–61. http://dx.doi.org/10.56215/naia-chasopis/4.2023.50.

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The relevance of the subject of study is due to the practical importance of protecting critical infrastructure facilities in the context of increasing potential threats from criminal encroachments associated with the illegal privatisation of such facilities. The purpose of the study is to analyse the current state of criminal legal protection of critical infrastructure from illegal privatisation, develop separate recommendations on the specifics of organising an investigation into the illegal privatisation of critical infrastructure objects, and provide proposals for improving the national system for protecting critical infrastructure from illegal privatisation. The methodological approach to the study was based on using a diagnostic method, by which privatisation is considered both as a social and legal phenomenon. Methods of analysis, dogmatic, formal-legal, modelling, comparative-legal are also used. The study provided for a comprehensive review and examination of the current state of regulatory regulation of the protection of critical infrastructure facilities from illegal privatisation in the criminal legal dimension. It is established that in Ukraine, it is insufficient and needs to be improved. Proposals on criteria for assigning critical infrastructure objects to privatisation processes, creating legal mechanisms for their alienation into private ownership and ensuring proper state control over their further functioning are substantiated. The study focuses on the specifics of starting a pre-trial investigation of the illegal privatisation of critical infrastructure facilities and organising a pre-trial investigation, considering the forensic classification of criminal offences committed during the privatisation process. It is proposed to supplement Article 233 of the Law of Ukraine on criminal liability with a separate qualification composition, which would establish criminal liability for the illegal privatisation of critical infrastructure facilities, providing for the commission of this socially dangerous act of punishment in the form of imprisonment. The results obtained are of practical importance in the development and substantiation of theoretical provisions, conclusions and recommendations for improving the national system for protecting critical infrastructure from criminal offences

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38

Bayliss, Kate. "Utility privatisation in Sub-Saharan Africa: a case study of water." Journal of Modern African Studies 41, no. 4 (December 2003): 507–31. http://dx.doi.org/10.1017/s0022278x03004415.

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Over the past twenty years, the focus of development policy has shifted from the state to the private sector. Privatisation is now central to utility reform in much of SSA. This paper sets out developments in water privatisation and reviews the evidence regarding its impact. Water privatisation has been carried out to some degree in at least fourteen countries in the region, and many other governments are at various stages in the privatisation process. However, in some cases privatisation has been difficult to achieve, and a few countries have successfully provided water under public ownership. Evidence on the impact of privatisation indicates that the performance of privatised utilities has not changed dramatically, but that enterprises have continued to perform well, or not so well, depending both on their state when they were privatised and on the wider economic context. The evidence points to internal improvements in terms of financial management. However, governments face considerable difficulties in attracting investors and regulating private utilities. Furthermore, privatisation fails to address some of the fundamental constraints affecting water utilities in SSA, such as finance, the politicised nature of service delivery, and lack of access for the poor. A preoccupation with ownership may obscure the wider goals of reform.

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Omar, Ismail, and Fauziah Raji. "Privatisation of Malaysian property development projects." Emerald Emerging Markets Case Studies 1, no. 1 (January 1, 2011): 1–10. http://dx.doi.org/10.1108/20450621111123056.

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Subject area Property development, the built environment and privatisation. Study level/applicability Undergraduate and MA level property development courses, modules covering privatisation within undergraduate, MBA and MA level management programmes. Case overview Property development is complex and diverse. It involves many agents with diverse roles, strategies and actions that affect the return. In a way, privatisation reduces government's financial burdens and offers ease of procedures to agents. This case study investigates privatisation of property development projects by a local authority in Kuala Lumpur, Malaysia. In particular, the study focuses on modes of privatisation (MOP) and the extent to which it affects the return of the projects. The MOP studied are the land swap, land lease and the joint venture development on 15 selected privatisation projects. Expected learning outcomes Students are expected to be able to understand the MOP for land development projects using Malaysia as an example; evaluate the strengths and weaknesses of these MOP; assess the benefits and impacts to the local Malaysian authority, landowners and land developers of MOP; and apply suitable MOP to alternative development projects. Supplementary materials Teaching note.

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Bigelli, Marco, and Gianluca Ghini. "Eastward enlargement: Privatization in MECC." Corporate Ownership and Control 2, no. 4 (2005): 32–40. http://dx.doi.org/10.22495/cocv2i4p2.

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This paper tries to offer a review of the literature on the main privatisation methods adopted by the Central and East European Countries which have joined European Union in 2004. After having analysed the major advantages and short comes of each privatisation method the paper briefly describes the privatisation processes adopted by each single country.

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Salveson, Paul. "Railways - beyond privatisation." Soundings 53, no. 53 (April 9, 2013): 56–68. http://dx.doi.org/10.3898/136266213806045700.

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Sagna, Olivier. "Privatisation, libéralisation, régulation." Afrique contemporaine 234, no. 2 (2010): 113. http://dx.doi.org/10.3917/afco.234.0113.

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Laffont, Jean-Jacques. "Privatisation et incitations." Revue économique 47, no. 6 (1996): 1239–51. http://dx.doi.org/10.3406/reco.1996.409848.

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doult, Bill. "Choicemayhide privatisation aim." Nursing Standard 20, no. 5 (October 12, 2005): 10–11. http://dx.doi.org/10.7748/ns.20.5.10.s14.

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Chick, Martin, and Henry Vivian Nelles. "Nationalisation and Privatisation." Revue économique 58, no. 1 (2007): 277. http://dx.doi.org/10.3917/reco.581.0277.

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Williams, Kate. "Unions fear privatisation." Nursing Standard 10, no. 20 (February 7, 1996): 16. http://dx.doi.org/10.7748/ns.10.20.16.s29.

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Davies, Patrick. "Another NHS privatisation." Nursing Standard 6, no. 8 (November 19, 1991): 43. http://dx.doi.org/10.7748/ns.6.8.43.s57.

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Knaebel, Rachel. "Privatisation des visas." Plein droit 101, no. 2 (2014): 7. http://dx.doi.org/10.3917/pld.101.0007.

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Krishna, Shipra Singh. "Privatisation of NHS:." SUSHRUTA Journal of Health Policy & Opinions 12, no. 1 (April 20, 2020): 34–36. http://dx.doi.org/10.38192/12.1.20.

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Is the Health Service on sale? The recent anxieties around Brexit and politicising of the NHS is not new. But, does it tell us the true story about how we can genuinely deliver healthcare service that is free for all at the point of access? With a budgetary spend of nearly 30% and ever increasing life expectancy, we will continue to face the challenge of funding health service as it exists today and for coming generations.1

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Stark, David. "Privatisation en Hongrie." Actes de la recherche en sciences sociales 85, no. 5 (December 1, 1990): 20–37. http://dx.doi.org/10.3917/arss.p1990.85n1.0020.

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