Privatization, Risk-Taking, and the Communist Firm
收藏NBER1992-11-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w4205
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资源简介:
This paper studies alternative methods of privatizing a formerly communist firm in the presence of imperfect risk markets. The methods include cash sales, a give-away scheme, and a participation contract where the government retains a sleeping fractional ownership in the firm. It is shown that, with
提供机构:
美国国家经济研究局
创建时间:
1992-11-01



