All Rights Reserved
AccessEcon LLC 2006, 2008.
Powered by MinhViet JSC

Kadohognon S Ouattara
''How privatization affects the strategic choice of managerial incentives: the case of international mixed duopoly''
( 2016, Vol. 36 No.2 )
This paper studies a mixed duopoly where a semi-public firm competes with a foreign private firm. The firm's owners have the option to hire a manager. A novel incentive scheme of semi-public firm's manager is utilized which takes into account the social goals of public authority. In contrast to the results in the existing literature, the paper shows that the decision to hire manager depends on the state-ownership share in the semi-public firm. Yet the paper finds that there exists an equilibrium in which only the semi-public firm hires a manager.
JEL: L1 - Market Structure, Firm Strategy, and Market Performance: General
L3 - Nonprofit Organizations and Public Enterprise: General
Manuscript Received : Jan 03 2016 Manuscript Accepted : Jun 11 2016

  This abstract has been downloaded 1164 times                The Full PDF of this paper has been downloaded 153775 times