The optimal Government Shareholdings under Privatization

• Main Authors: Tsai yi-jen, 蔡宜臻
• Other Authors: Jiunn-Rong Chiou
• Format: Others
• Language: zh-TW
• Published: 2001
• Online Access: http://ndltd.ncl.edu.tw/handle/89004899936236950715

碩士 === 淡江大學 === 產業經濟學系 === 89 === From 1970 years a later period liberalism prevail , economy liberalization is the globe tide. And the public factories privatize also a link to drive economy liberalization . To liberalize become economic advancement basic rules in present，privatization is to follow a rational line become a work of present economy policy. But no matter what Taiwan or another countries when they privatize , we can observe a phenomenon , the way of the public factories privatization the overwhelming majority is shareholdings. And government can’t sell all shares , they will hold several shares. It means after the public factories gradually privatization , no matter what the major operating power whether move to private , the government still hold some of shares , and effect original of the public factories. In this paper , we design a mixed oligopoly market economic model of one public factories and private factories to confer the optimal government shareholdings under privatization of public enterprise. A conclusion of this paper is , the optimal government shareholdings under privatization of public enterprise relationship with the number of the home country and foreign private factories and the quantity of their output and their profit and the size of cost .