Empirical analysis of the privatizations in Italy on the stock market from 1990’s

Tonacchera, Alessio (A.A. 2019/2020) Empirical analysis of the privatizations in Italy on the stock market from 1990’s. Tesi di Laurea in Equity markets and alternative investments, Luiss Guido Carli, relatore Marco Morelli, pp. 95. [Master's Degree Thesis]

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The role of the state in the economy. Rise and decline of the entrepreneurial state in Italy. The privatization process. Two main types of privatization: formal and substantial. Most common sales techniques. Italian privatizations in the 1990’s. Main aim of the privatizations and institutional set up. The stages of the privatization process. Case study: Enel S.p.a. Case study: Poste italiane S.p.a. Case study: Telecom Italia S.p.a. Main results of the process of privatization. The use of privatization proceeds and the implications on public accounts. Real impact of privatizations on companies’ efficiency. Effects of privatizations on the internal organization of the companies. The Italian stock exchange after privatizations. Regulatory interventions: golden share and golden powers. Comparison with international experiences. Potential privatizations in the next few years.


Bibliografia: pp. 92-94.

Thesis Type: Master's Degree Thesis
Institution: Luiss Guido Carli
Degree Program: Master's Degree Programs > Master's Degree Program in Economics and Finance (LM-56)
Chair: Equity markets and alternative investments
Thesis Supervisor: Morelli, Marco
Thesis Co-Supervisor: Langer, Marshall
Academic Year: 2019/2020
Session: Autumn
Deposited by: Alessandro Perfetti
Date Deposited: 14 May 2021 14:02
Last Modified: 14 May 2021 14:02
URI: https://tesi.luiss.it/id/eprint/29491


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