Title of article
On the undervaluation of privatized companies
Author/Authors
P.A.Paul A. Grout، نويسنده , , Anna Zalewska، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2005
Pages
6
From page
215
To page
220
Abstract
Privatizations are commonly associated with underpricing and undervaluation. Underpricing has received significant attention in the literature, but there is no equivalent literature that explains undervaluation. This paper provides a theoretical model of why regulated privatized assets are prone to undervaluation.
Keywords
Regulation , PRIVATIZATION , Undervaluation
Journal title
Economics Letters
Serial Year
2005
Journal title
Economics Letters
Record number
435594
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