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Confidence building and politics in privatization: some evidence from Spain


  • Bel, Germa


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  • Bel, Germa, 2003. "Confidence building and politics in privatization: some evidence from Spain," Economics Letters, Elsevier, vol. 78(1), pages 9-16, January.
  • Handle: RePEc:eee:ecolet:v:78:y:2003:i:1:p:9-16

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    References listed on IDEAS

    1. Menyah, Kojo & Paudyal, Krishna & Inyangete, Charles G., 1995. "Subscriber return, underpricing, and long-term performance of U.K. privatization initial public offers," Journal of Economics and Business, Elsevier, vol. 47(5), pages 473-495, December.
    2. Baake, Pio & Oechssler, Jorg, 2001. "Divide et Impera: Strategic Underpricing in Privatizations," Public Choice, Springer, vol. 108(3-4), pages 207-222, September.
    3. Smith, Clifford Jr., 1986. "Investment banking and the capital acquisition process," Journal of Financial Economics, Elsevier, vol. 15(1-2), pages 3-29.
    4. Perotti, Enrico C. & van Oijen, Pieter, 2001. "Privatization, political risk and stock market development in emerging economies," Journal of International Money and Finance, Elsevier, vol. 20(1), pages 43-69, February.
    5. Bruno Biais & Enrico Perotti, 2002. "Machiavellian Privatization," American Economic Review, American Economic Association, vol. 92(1), pages 240-258, March.
    6. Perotti, Enrico C, 1995. "Credible Privatization," American Economic Review, American Economic Association, vol. 85(4), pages 847-859, September.
    7. Jeffry M. Netter & William L. Megginson, 2001. "From State to Market: A Survey of Empirical Studies on Privatization," Journal of Economic Literature, American Economic Association, vol. 39(2), pages 321-389, June.
    8. Cherian, Joseph A. & Perotti, Enrico, 2001. "Option pricing and foreign investment under political risk," Journal of International Economics, Elsevier, vol. 55(2), pages 359-377, December.
    9. Beatty, Randolph P. & Ritter, Jay R., 1986. "Investment banking, reputation, and the underpricing of initial public offerings," Journal of Financial Economics, Elsevier, vol. 15(1-2), pages 213-232.
    10. Bel, Gema, 1998. "Privatization on the stock market: Sale at one go or sale in tranches?," Economics Letters, Elsevier, vol. 58(1), pages 113-117, January.
    11. Megginson, William L & Weiss, Kathleen A, 1991. " Venture Capitalist Certification in Initial Public Offerings," Journal of Finance, American Finance Association, vol. 46(3), pages 879-903, July.
    12. Ritter, Jay R., 1987. "The costs of going public," Journal of Financial Economics, Elsevier, vol. 19(2), pages 269-281, December.
    13. Bortolotti, Bernardo & Fantini, Marcella & Siniscalco, Domenico, 2001. "Privatisation: politics, institutions, and financial markets," Emerging Markets Review, Elsevier, vol. 2(2), pages 109-137, June.
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    Cited by:

    1. Mark Armstrong & David E.M. Sappington, 2006. "Regulation, Competition and Liberalization," Journal of Economic Literature, American Economic Association, vol. 44(2), pages 325-366, June.
    2. Bel, Germà & Trillas, Francesc, 2005. "Privatization, corporate control and regulatory reform: the case of Telefonica," Telecommunications Policy, Elsevier, vol. 29(1), pages 25-51, February.
    3. Juan Molero & Isabel Rodríguez-Tejedo, 2010. "An index of political support for decentralization: the Spanish case," Constitutional Political Economy, Springer, vol. 21(1), pages 50-79, March.

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