Abstract
Agency and public choice theories, though commonly used, can only provide a static approach to the study of privatization and often neglect the cultural, contextual and organizational settings of the enterprises affected by privatization. The authors present a new model which can be used to understand the organizational processes involved in a successful privatization. This article analyses the academic literature on privatization, describes the cases of two privatized Swedish companies and then offers suggestions for further research.
Original language | English |
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Pages (from-to) | 69-80 |
Number of pages | 12 |
Journal | Public Money & Management |
Volume | 24 |
Issue number | 1 |
Publication status | Published - 26 Mar 2004 |