Leroy P. Jones (Boston University), Pankaj Tandon (Boston University), Ingo Vogelsang (Boston University)
Much has been written about the current trend toward privatization of public enterprises. Selling Public Enterprises is the first book, however, to use economic logic to develop a quantitative approach to making divestiture decisions. Using the standard tools of applied microeconomics, the authors propose a method of valuing state-owned firms both before and after divestiture by the government. Their valuation method offers significant advantages over those commonly in use (such as book value of assets) and can provide governments with a reliable means of evaluating the costs and benefits...
Much has been written about the current trend toward privatization of public enterprises. Selling Public Enterprises is the first book, however, to...