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Author:Mills, R.
Ghosh, S.
Title:The rolr of strategic value analysis in European privatization decisions
Journal:European Management Journal
1994 : JUN, VOL. 12:2, p. 189-196
Index terms:PRIVATIZATION
EUROPE
STRATEGY
Language:eng
Abstract:The privatisation of state-owned commercial assets is an unstoppable global trend, with particularly strong momentum in Western and Eastern Europe. The challenge is to be able to measure the value of the benefits arising as a result of privatisation. The authors offer a method of valuation - Shareholder Value Analysis (SVA) - which is more appropriate and consistent with the private shareholder's perspective than conventional technique. A numerical illustration is provided and the advantages of the SVA model set out.
SCIMA record nr: 114913
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