What is it about?
Some state-owned banks are active participants in the market for control of other banks or of other economic organisations in general. We study their performance and we discover that compared to private banks there are some state owned banks with good results, particularly the development banks.
Featured Image
Why is it important?
State owned banks have a bad reputation as loss makers. This is often explaind because of excessive pressures by governments to disburse loans which ultimately are not performing. We discover that this is not always the case, and this finding is important to understand how governments should manage their investments in the financial sector.
Perspectives
I hope this paper will contribute to a more balanced view about the potentially postive role of government ownership, particularly of development banks.
Massimo Florio
Universita degli Studi di Milano
Read the Original
This page is a summary of: State-owned banks in the market for corporate control, Journal of Economic Policy Reform, June 2017, Taylor & Francis,
DOI: 10.1080/17487870.2017.1336437.
You can read the full text:
Contributors
The following have contributed to this page
