Across
- 2. It is a monetary measure of the market value of all the final goods and services produced in a specific time period by countries
- 4. A contract between two parties in which one party promises to grant an additional remuneration to another party based on performance
- 7. Type of privatization used to trade ownership claims for an explicit cash payment to an individual, an existing corporation, or a group of investors
- 8. The value of a company that is traded on the stock market, calculated by multiplying the total number of shares by the present share price.
- 11. The ratio of net income to the number of employees
- 13. agency problem which emerge in State owned enterprises
- 14. type of restructuring which results in an expansion or a downsize of the privatized firm
- 15. Significant changes to a company’s financial or operational structure
- 16. Type of privatization in which state-owned enterprises (SOEs) are sold to private investors through IPOs
- 19. Countries taking macroeconomic reforms in an attempt to alter the ways in which their economies are managed
- 20. political, social, or personal advantages that the controlling politician may be able to extract from the SOE
- 21. type of restructuring characterized by a reduction in the leverage of the newly privatized firm
Down
- 1. a type of governing in which the national government plays a key role in the protection and promotion of the economic and social well-being of its citizens.
- 3. The period before the Privatization takes place
- 5. The number of shares traded during a specific period of time.
- 6. Agency cost regarding privatization induced by these two parties
- 9. Conflict between maximising economic efficiency and achieving other social goals
- 10. A model in which regulatory contracts and independent regulatory agencies coexist
- 12. Type of privatization mainly used in used
- 17. Type of restructuring characterized by a reorganization of the firm's production methods and/or management structure.
- 18. used to line the pockets of politicians
