The Comparative Performance of Public and Private Ownership

1982 ◽  
pp. 58-93 ◽  
Author(s):  
Robert Millward
2017 ◽  
Author(s):  
Arnoud W. A. Boot ◽  
Vladimir N. Vladimirov

1994 ◽  
Vol 140 ◽  
pp. 1105-1120 ◽  
Author(s):  
Solomon M. Karmel

The nascent stock and bond markets in the People's Republic of China have received considerable attention from the international media, yet the emergence of these markets is poorly understood. China's new “limited stock companies” increasingly answer to a variety of public and private lenders and spenders, who partially own and largely manage the means of production. The government sometimes decides which companies and managers will be rewarded with the benefits of incorporation, and it grabs a lion's share of the newly issued securities. But the result is a slow, government-led move towards a more capitalist form of management and ownership. This kind of jointly funded project – companies that merge public and private ownership, management and responsibility – may become the defining characteristic of China's emerging “capitalism with Chinese characteristics.”


2017 ◽  
Vol 10 (4) ◽  
pp. 73
Author(s):  
Ahmad Torabi

The Iranian legislator has sought to protect public property and public ownership in the Iranian Constitution in accordance with Islamic principles, terms and procedures. There are a number of principles that have been directly applied to this purpose; however, one principle has had a very significant impact on government domination of the economy of Iran: principle 44. This principle does not directly describe public property; rather, it aims to determine the areas that are under public ownership and are administered by the government. However, the principle has some contradictions and legal challenges in itself. In addition, the supplementary law that has been enacted to provide the areas for the enforcement of principle 44 fails to secure the aims of the legislator. Therefore, this paper analyses legal challenges of the principle, as well as its supplementary law, and gives suggestions to solve the challenges.This paper is divided into four sections. The first section provides an analysis of the principle itself, and its relationship and consistency with other principles of the constitution. In the second section, the Law of Implementation of Principle 44 and the legal challenges that arise from it will be discussed. The third section focuses on the negative economic impacts of this law, as well as case studies of it. Lastly, the paper provides a summary of suggestions to amend this law.


1995 ◽  
Vol 105 (432) ◽  
pp. 1314
Author(s):  
Catherine Waddams Price ◽  
James Foreman Peck ◽  
Robert Millward

Water ◽  
2020 ◽  
Vol 12 (5) ◽  
pp. 1477
Author(s):  
Rui Cunha Marques ◽  
Pedro Simões

The controversy between the performance of public and private ownership of water and wastewater services is common worldwide. In most cases, this discussion is biased due to ideological issues or insufficiency or inconsistency of information. This study aims to compare the performance of private water utilities with that of public water utilities, using rich, robust, and audited information from Portuguese operators. The benchmarking exercise focuses on three distinct areas, namely, the efficiency and effectiveness of the investments made, the quality of service provided, and the tariffs and prices implemented. From the analysis performed, it is concluded that, on average, the performance of private water utilities exceeds that of public water utilities, and prejudice in most cases is unjustified regarding private ownership. Anyway, water, as an essential service, should always be provided, regardless of utility ownership.


2014 ◽  
Vol 151 (1) ◽  
pp. 89-96 ◽  
Author(s):  
Philip Bagust

In May 2013, Flickr – one of the first great social media platforms and a pioneer in the use of the digital image as ‘social glue’ – launched a new platform design, unannounced, to its 80 million-plus user community. The changes brought Flickr more into line with newer mobile-focused Web 2.0 competitors, and were arguably inevitable if Flickr's owner, Yahoo, was to persist with the platform. However, the changes elicited a storm of protest from existing Flickr users. The author followed the progress of this ‘revolt’ for a month on Flickr's own user forums, and uses the insights gained to ask questions about current theorising of Web 2.0 platform typologies, their corporate governance and business models, and the apparent quietism of their massive immaterial labour ‘workforces’. The article concludes by asking whether we need to think beyond current Web 2.0 governance models that seem so welded to dichotomies of public and private ownership.


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