Life After Privatization
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Product details:
- Publisher OUP Oxford
- Date of Publication 16 April 2015
- ISBN 9780199658312
- Binding Hardback
- No. of pages304 pages
- Size 238x157x26 mm
- Weight 596 g
- Language English 0
Categories
Short description:
Life After Privatization presents a refreshing analysis of what happened to state-owned enterprises after they were privatized from the late 1970s onwards, and the two types of firms that emerged: 'Alpha' and 'Beta', examining the internal and external factors involved.
MoreLong description:
Life After Privatization offers a refreshing and original theoretical conceptualization of what happened to stateowned enterprises after they were privatized from the late 1970s onwards.
Some privatized firms have become todays European and global giants, Alphas, merging with or acquiring other firms, whereas other firms, Betas, have been taken over by Alphas or other sectoral leaders. The book raises questions such as which privatized firms in the airline, automobile, and the electricity sectors in the UK, France, Germany, Italy and Spain are Alphas and Betas today? And why? Building on a variety of themes from both Political Science and Business Studies, it considers a comprehensive set of explanations both internal and external to the firm, to analyse why a firm may become an Alpha or a Beta. The evidence shows that while internal factors are important, the more external, political, factors are necessary and sufficient to explain why a firm becomes an Alpha or a Beta. This includes the impact of liberalization, the roles of states, and the actions of regulators that are lobbied by firms.
Based on exhaustive evidence, Life After Privatization concludes with a novel inductive theory, which offers a significant step forward for social science scholars and practitioners understanding of the politics businesses face in global markets.
Charis book is effective in logically guiding the reader through the gap that exists in the literature between privatisation and M&A. His use of signposting and consistent use of summaries ensure that the book is easy to follow.
Table of Contents:
Remembering Privatization and Conceptualizing Life Thereafter: Alphas and Betas
Explaining Why Firms May Become Alphas and Betas
Airlines: Come Fly With Me
Automobiles: Get it in Gear
Electricity: Powering Up
In the End: The LIFESHAPERS
