When privatization is not feasible or palatable, developing country governments seeking to improve the performance of state enterprises are often negotiating performance contracts with their managers. Many of these contracts have been put in place with World Bank assistance. Research shows that they rarely work. The author summarizes the rationale for performance contracts and the evidence against them and explores the reasons why they haven't worked...
Подробнее
ПОДРОБНАЯ ИНФОРМАЦИЯ
-
1998/08/31
-
Точка зрения
-
18441
-
1
-
1
-
2010/07/01
-
Disclosed
-
Why performance contracts for state-owned enterprises haven't worked
-
performance contract