How managers survive in state-owned enterprises
Despite a worldwide movement toward privatization, state-owned enterprises continue to play a critical role in many national economies. In the current issue of Governance, Laurenz Ennser-Jedenastik of the University of Vienna uses a large dataset to examine the factors that influence the survival of managers in Austrian state-owned enterprises. His analysis “yields strong support for the notion that partisan congruence between managers, cabinet, and individual ministers is a major determinant of managerial survival.” Read the article.