Privatization and Restructuring : An Incomplete-Contract Approach /
Since an enterprise, which is to be privatized, has to be restructured in uncertainty, and the restructuring investments are sunk when the final decision on the sale price is taken, there is an imminent danger that restructuring is not efficient, and there is underinvestment. We consider, restructur...
| Yazar: | |
|---|---|
| Materyal Türü: | Dergi |
| Dil: | English |
| Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
1996.
|
| Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 1996/101 |
| Konular: | |
| Online Erişim: | Full text available on IMF |