Multinational enterprises and partial privatisation of state-owned enterprises
This paper examines the incentives for both multinational enterprises and host developing countries to create, through partial privatisation, mixed-ownership enterprises. The paper argues that the likely benefits of such ventures have been overstated. Some limitations of mixed-ownership enterprises including their efficiency effects and management problems are discussed.
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Volume (Year): 3 (1994)
Issue (Month): 2 (June)
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