Skip to main content

Privatized Firms and Their Management Structures: Links with the State?

  • Chapter
Enacting Globalization
  • 477 Accesses

Abstract

estern European states privatized throughout the 1980s, 1990s and 2000s. Implicit in the literature is the idea that with privatization the ‘state’ was out of the economy. However, emerging literature on the relationship between business and politics has shown the importance of the state in helping firms expand globally. Yet, few studies have examined post-privatization management structures and asked whether the state maintains its link with privatized firms by having board members and managers who have worked for the state. This chapter focuses on different sectors in France, the UK and Germany. Each of these countries represents a different ‘variety of capitalism’. The findings will offer insights into the ongoing relationship (or not) between the state and privatized firms seeking to expand globally.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 39.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 54.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Chari, R. and Heywood, P. M. (2009), Analysing the Policy Process in Democratic Spain, West European Politics, 32(1): pp. 26–54.

    Article  Google Scholar 

  • Dore, R. Lazonick, W. and O’Sullivan, M. (1999), Varieties of Capitalism in the Twentieth Century, Oxford Review of Economic Policy, 15(4): pp. 102–120.

    Article  Google Scholar 

  • Feigenbaum, H., Henig, J. and Hamnett, C. (1998), Shrinking the State: The Political Underpinnings of Privatization. Cambridge: CUP.

    Book  Google Scholar 

  • Hall, P. and Soskice, D. (2001), An Introduction to Varieties of Capitalism, In: Peter A. Hall and David Soskice (eds) Varieties of Capitalism. Oxford: OUP, pp. 1–68.

    Chapter  Google Scholar 

  • Majone, G. (1994), Paradoxes of Privatization and Deregulation, JEPP, 1(1): 53–69.

    Google Scholar 

  • Megginson, W. and Netter, J. (2003), History and Methods of Privatization, In D. Parker and D. Saal (eds), International Handbook on Privatization. Northampton: Edward Elgar, pp. 25–40.

    Google Scholar 

  • Moore, J. (1983), Why Privatize. In J. Kay, C. Mayer and D. Thompson (eds.) Privatization and regulation: The UK Experience. Oxford: Clarendon, 78–93.

    Google Scholar 

  • Moran, M. (2009), Business, Politics and Society. Oxford: OUR.

    Google Scholar 

  • Schmidt, Vivien A. (2003), French Capitalism Transformed, Yet Still a Third Variety of Capitalism, Economy and Society, 32(4): 526–554.

    Article  Google Scholar 

  • Thatcher, M. (2006), Europe and the Reform of National Regulatory Institutions: A Comparison of Britain, France and Germany. Presented at the Council for European Studies 15th Conference, Chicago, 29 March-1 April.

    Google Scholar 

  • Thatcher, M. (2009), Internationalization and Economic Institutions. Oxford: OUP.

    Google Scholar 

  • Veljanovski, C. (1987), Selling the State. London: Weidenfeld and Nicolson, pp. 77–92.

    Google Scholar 

  • Vickers, J. and Yanow, G. (1991), Economic Perspective on Privatization. Journal of Economic Perspectives, 5(2): pp. 111–132.

    Article  Google Scholar 

  • Wright, V (ed.) (1994), Privatization in Western Europe: Pressures, Problems, and Paradoxes. London: Pinter.

    Google Scholar 

  • Wright, V (1998), ‘Coordinating the Privatization Process in France’, unpublished manuscript, Nuffield College.

    Google Scholar 

Download references

Authors

Editor information

Editors and Affiliations

Copyright information

© 2014 Raj Chari and Svenja Dahlmann

About this chapter

Cite this chapter

Chari, R., Dahlmann, S. (2014). Privatized Firms and Their Management Structures: Links with the State?. In: Brennan, L. (eds) Enacting Globalization. Palgrave Macmillan, London. https://doi.org/10.1057/9781137361943_17

Download citation

Publish with us

Policies and ethics