The Impact of Privatization: Ownership and Corporate Performance in the United Kingdom [Hardcover]

Are resources allocated more efficiently through private ownership than through the public sector? The experiences of eleven newly privatised companies are examined to evaluate this hypothesis. With the Government's pro-privatization policies in place for over a decade, this is a prime time to evaluate theory versus reality.Are resources allocated more efficiently through private ownership than through the public sector? The experiences of eleven newly privatised companies are examined to evaluate this hypothesis.List of figures, List of tables, Preface, List of abbreviations, 1 PRIVATISATION: THE CONCEPTUAL FRAMEWORK, 2 BRIEF HISTORIES OF THE ORGANISATIONS STUDIED, 3 ASSESSING PERFORMANCE: PRINCIPLES AND METHOD, 4 COMPARATIVE EFFICIENCY AND PRIVATISATION: THE EVIDENCE SO FAR, 5 PRIVATISATION AND PRODUCTIVITY, 6 ACCOUNTING RATIOS AND PERFORMANCE MEASUREMENT, 7 ESTIMATING TECHNICAL EFFICIENCY USING DATA ENVELOPMENT ANALYSIS, 8 THE IMPACT OF PRIVATISATION ON EMPLOYMENT AND THE DISTRIBUTION OF BUSINESS INCOME, 9 PRIVATISATION AND BUSINESS RESTRUCTURING, 10 SUMMARY AND CONCLUSIONS, APPENDIX, References, IndexUS? 1997 Stephen Martin and David Parker; Chapter 7 ? Aziz Boussofiane, Stephen Martin and David Parker