JOURNAL OF MANAGEMENT POLICY AND PRACTICE
Privatization: A Multi-Theory Perspective
Author(s): Min Z. Carter
Citation: Min Z. Carter, (2013) "Privatization: A Multi-Theory Perspective," Journal of Management Policy and Practice, Vol. 14, Iss. 2, pp. 108 - 122
Article Type: Research paper
Publisher: North American Business Press
Abstract:
For decades, privatization has become one of the most important elements of the structural reform
agenda in developed and developing countries. From a management perspective, this study makes an
attempt to provide theoretical insights into two interrelated questions: (a) why does a country decide to
undergo privatization in some industries but not others; and (b) why do some countries enjoy success
while others experience failures from privatization? This study developed propositions through the lens of
seven organizational theories. From multiple theoretical perspectives, this study offers research
implications as well as practical implications to practitioners and policy makers.