What Factors Determine Auction Prices in Privatization?

What Factors Determine Auction Prices in Privatization?

Do the timing and type of auction affect the sale price? What kind of restructuring is worth doing before privatization? The author examines how much these and other factors affect privatization prices. The study shows that speed and competitive bi...

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Bibliographic Details
Main Author: López-de-Silanes, Florencio
Format: Viewpoint
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
AUCTIONS
DENATIONALIZATION
PRICES
PROCUREMENT
POLICY MAKING
STOCKHOLDERS ASSETS
BALANCE SHEET
BANKRUPTCY
BANKS
BIDDING
BOOK VALUE
COMPARATIVE ADVANTAGE
DEBT
ECONOMETRIC ESTIMATES
EMPIRICAL ANALYSIS
EMPLOYMENT
GOVERNMENT INTERVENTION
INCOME
MARKET CONDITIONS
MARKET PENETRATION
MARKET POWER
MARKET SHARE
MARKET STRUCTURE
PRICE PROTECTION
PRIVATIZATION
PROFITABILITY
PUBLIC ENTERPRISES
REORGANIZATION
SALES
SAVINGS
STATE ENTERPRISES
UNEMPLOYMENT
Online Access:http://documents.worldbank.org/curated/en/1997/06/441455/factors-determine-auction-prices-privatization
http://hdl.handle.net/10986/11582

Internet

http://documents.worldbank.org/curated/en/1997/06/441455/factors-determine-auction-prices-privatization
http://hdl.handle.net/10986/11582

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