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

Raj Chari and Svenja Dahlmann

Chapter 17 in Enacting Globalization, 2014, pp 183-193 from Palgrave Macmillan

Abstract: 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.

Keywords: Board Member; Board Membership; Liberal Market Economy; Coordinate Market Economy; High Average Percentage (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-36194-3_17

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DOI: 10.1057/9781137361943_17

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