Corporate social responsibility and partial privatisation of state holding corporations

Quan Dong and Juan Bárcena-Ruiz
Additional contact information
Quan Dong: South China Normal University

Journal of Economics, 2021, vol. 132, issue 3, No 2, 223-250

Abstract: Abstract We consider a state holding corporation with two plants that may produce heterogeneous goods. The public sector competes with a private sector that may be composed of uniplant firms or a multiplant firm. Private firms care about corporate social responsibility (CSR). We find that the stake held by the government in the state corporation depends on several factors: the degree to which private firms are concerned with CSR, whether private firms are uniplant or multiplant and whether goods are substitutes, complements or independent in demand. Depending on those factors, the state corporation may be partially privatised or remain fully public. The same factors also affects social welfare and thus the organisational structure of private firms by the government.

Keywords: Partial privatisation; State holding corporation; Corporate social responsibility; Multiproduct firms; Oligopoly (search for similar items in EconPapers)
JEL-codes: L22 M14 Q56 Q58 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://link.springer.com/10.1007/s00712-020-00725-5 Abstract (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:jeczfn:v:132:y:2021:i:3:d:10.1007_s00712-020-00725-5

DOI: 10.1007/s00712-020-00725-5

Access Statistics for this article

Journal of Economics is currently edited by Giacomo Corneo

More articles in Journal of Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().