Organizational Changes Resulting from the Privatization of State Enterprises

Kent Springdal and Martha Mador

Public Money & Management, 2004, vol. 24, issue 1, 69-80

Abstract: Agency and public choice theories, though commonly used, can only provide a static approach to the study of privatization and often neglect the cultural, contextual and organizational settings of the enterprises affected by privatization. The authors present a new model which can be used to understand the organizational processes involved in a successful privatization. This article analyses the academic literature on privatization, describes the cases of two privatized Swedish companies and then offers suggestions for further research.

Date: 2004
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DOI: 10.1111/j.1467-9302.2004.00395.x

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