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Reimagining the Private Firm

2020
Abstract Escape from possessive individualism requires that the terms of engagement between households and firms be rebalanced. Rarely is the firm seen as the essential component in the economic well-being of households. And when it is seen in this light, contestation over wages and work conditions arises.
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Private Firms, Public Initiatives

2022
An excerpt from <em>The Right Privatization</em> on why private entrepreneurs need capable governments.
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Partial Privatization and Entry of Private Firms

SSRN Electronic Journal, 2008
This paper investigates the relationship between partial privatization and the entry of private firms. The effects of foreign private firms’ entry on a public firm’s output and on the home country’s welfare are different from well known results, if the public firm is partially privatized.
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Public/Private Transitions and Firm Financing

2013
De nombreux travaux empiriques ont été consacrés aux différences entre les structures de financement des entreprises, mais, faute de données suffisantes, le financement des sociétés privées (c’est-à-dire non cotées en bourse) a été peu étudié. Les auteurs s’appuient sur des données administratives confidentielles pour comparer les relations entre les ...
Huynh, Kim   +2 more
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Mutual fund investments in private firms

Journal of Financial Economics, 2017
Historically a key advantage of being a public firm was broader access to capital, from a disperse group of shareholders. In recent years, such capital has increasingly become available to private firms as well. We document a dramatic increase over the past twenty years in the number of mutual funds participating in private markets and in the dollar ...
Sungjoung Kwon   +2 more
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Private-Sector Firms

1989
A private-sector business is one which is not owned by the Government. Apart from co-operatives, which are described in Section 4.8, there are four types of legal structure for privately-owned businesses: 1. Sole Trader. 2. Partnership. 3. Private Limited Company (Ltd). 4. Public Limited Company (PLC).
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Privatization with a CSR Private Firm

2016
The purpose of this chapter is to analyze how the existence of a corporate social responsibility (CSR) private firm influences the privatization of a public firm in a mixed duopoly model. Furthermore, we compare these results with those generated from the competition between a public firm and a pure private firm, which have been the subject of many ...
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Chinese Private Firms and Internationalization

Family Business Review, 2013
Applying the socioemotional wealth perspective of family businesses, this study examines how family control affects whether firms tend to go international. Departing from prior research that has treated family involvement in management and family ownership as interchangeable and inseparable, we suggest that they are two different aspects of family ...
Xiaoya Liang, Lihua Wang, Zhiyu Cui
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Why do private firms adopt IFRS?

Accounting and Business Research, 2011
Do private firms voluntarily adopt IFRS? If so, why? Answers to these questions have been very limited so far, mainly due to the absence of financial data on private firms.
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Private Equity Firms as Market Makers

The Journal of Private Equity, 2010
In a study of 1,322 private-to-private transactions the author finds support for the hypothesis that private equity (PE) firms play an important role as market makers. A number of empirical results support this claim. First, part of what PE firms do is to keep an inventory of firms on which they do little operational improvements.
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