Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/154830
Authors: 
Bortolotti, Bernardo
Fantini, Marcella
Siniscalco, Domenico
Vitalini, Serena
Year of Publication: 
1997
Series/Report no.: 
Nota di Lavoro, Fondazione Eni Enrico Mattei 67.1997
Abstract: 
What legal, political and economic institutions are shaping privatisations processes in the world? This paper addresses the issue presenting new evidence for a sample of 49 countries. From an empirical analysis for the period 1977-1996, the decision to privatise appears to be related to political preferences and macroeconomic conditions, but the success of a privatisation process requires, in addition, appropriate legal institutions and developed capital markets.
Subjects: 
Privatisations
Corporate law
Capital markets
JEL: 
G30
K22
Document Type: 
Working Paper

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