Published September 2001 | Version v1
Journal article

Privatised companies and market

Creators

  • 1. Ente Nazionale Idrocarburi SpA, Rome (Italy)

Description

The Italian Government decided to adopt the public company structure where a little group of medium-term investors had the task of supporting the transition of the privatised companies to the market. The article examines the reasons for this decision and its failure in attaining the purpose, not excluding the possibility for the public company of imposing itself in the long period and in a context of a minor legislative intervention and more effective Corporate Governance rules

Abstract (Italian)

Il governo italiano ha adottato la struttura della public company con la stabile presenza di un esiguo nocciolo duro di azionisti per favorire la transizione delle imprese privatizzate al mercato. L'articolo esamina le ragioni di questa scelta e il suo fallimento nel perseguimento dell'obiettivo, non escludendo la possibilita' per la public company di affermarsi nel lungo periodo in un contesto di minor intervento legislativo e di piu' efficaci regole di Corporate Governance

Additional details

Additional titles

Original title (Italian)
Privatizzazioni, assetti proprietari e corporate governance

Publishing Information

Journal Title
Energia (Roma)
Journal Volume
22
Journal Issue
3
Journal Page Range
p. 48-57
ISSN
0392-7911
CODEN
ENEGE9

INIS

Country of Publication
Italy
Country of Input or Organization
Italy
INIS RN
33013943
Subject category
S29: ENERGY PLANNING, POLICY AND ECONOMY;
Descriptors DEI
ECONOMIC POLICY; GOVERNMENT POLICIES; ITALY; MARKET; POLITICAL ASPECTS; PUBLIC ENTERPRISES
Descriptors DEC
DEVELOPED COUNTRIES; EUROPE; GOVERNMENT POLICIES; INSTITUTIONAL FACTORS; WESTERN EUROPE