Pollution tax, partial privatization and environment

Partial Privatization and Firm Performance

Most privatization programs begin with a period of partial privatization in which only non-controlling shares of firms are sold on the stock market. Since management control is not transferred to private owners it is widely contended that partial privatization has little impact. This perspective ignores the role that the stock market can play in monitoring and rewarding managerial performance e...

Effect of Pollution Tax on Population in a Polluted Environment

This paper establishes a mathematical model to study the effect of pollution tax on the long behavior of the population living in a polluted environment. We give the sufficient condition for persistence of the population under some conditions, and give some numerical simulation. Mathematics Subject Classification: 34C34; 92D25

Partial Privatization under Multimarket Price Competition

We investigate the effect of multimarket contacts on the privatization policy in mixed duopoly with price competition. There are two markets, one of which is served solely by the state-owned public firm, and the other is served by both public and private firms. Two markets are linked by the production technology of the public firm. In the general model, we first show that privatization is never...

Partial Privatization and Firm Performance: Evidence from India∗

Privatization in India is mostly limited to the diffuse sale of minority stakes in firms. Since control rights have not been transferred to private owners it is widely contended that the process has had little impact on firm behavior. We find however that even the sale of minority stakes has a positive impact on firm performance and productivity. As the government remains the controlling owner ...

Microplastics Pollution in the Aquatic Environment: Problems and Challenges