Singapore, Inc. Versus the Private Sector: Are Government-Linked Companies Different?
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Beteilige Person: Tan, Ling Hui (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: Washington, D.C International Monetary Fund 2003
Schriftenreihe:IMF Working Papers Working Paper No. 03/156
Links:http://elibrary.imf.org/view/IMF001/06245-9781451857429/06245-9781451857429/06245-9781451857429.xml
http://elibrary.imf.org/view/IMF001/06245-9781451857429/06245-9781451857429/06245-9781451857429.xml
http://elibrary.imf.org/view/IMF001/06245-9781451857429/06245-9781451857429/06245-9781451857429.xml
http://elibrary.imf.org/view/IMF001/06245-9781451857429/06245-9781451857429/06245-9781451857429.xml
http://elibrary.imf.org/view/IMF001/06245-9781451857429/06245-9781451857429/06245-9781451857429.xml
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http://elibrary.imf.org/view/IMF001/06245-9781451857429/06245-9781451857429/06245-9781451857429.xml
http://elibrary.imf.org/view/IMF001/06245-9781451857429/06245-9781451857429/06245-9781451857429.xml
http://elibrary.imf.org/view/IMF001/06245-9781451857429/06245-9781451857429/06245-9781451857429.xml
http://elibrary.imf.org/view/IMF001/06245-9781451857429/06245-9781451857429/06245-9781451857429.xml
http://elibrary.imf.org/view/IMF001/06245-9781451857429/06245-9781451857429/06245-9781451857429.xml
http://elibrary.imf.org/view/IMF001/06245-9781451857429/06245-9781451857429/06245-9781451857429.xml
http://elibrary.imf.org/view/IMF001/06245-9781451857429/06245-9781451857429/06245-9781451857429.xml
http://elibrary.imf.org/view/IMF001/06245-9781451857429/06245-9781451857429/06245-9781451857429.xml
http://elibrary.imf.org/view/IMF001/06245-9781451857429/06245-9781451857429/06245-9781451857429.xml
http://elibrary.imf.org/view/IMF001/06245-9781451857429/06245-9781451857429/06245-9781451857429.xml
http://elibrary.imf.org/view/IMF001/06245-9781451857429/06245-9781451857429/06245-9781451857429.xml
http://elibrary.imf.org/view/IMF001/06245-9781451857429/06245-9781451857429/06245-9781451857429.xml
http://elibrary.imf.org/view/IMF001/06245-9781451857429/06245-9781451857429/06245-9781451857429.xml
http://elibrary.imf.org/view/IMF001/06245-9781451857429/06245-9781451857429/06245-9781451857429.xml
http://elibrary.imf.org/view/IMF001/06245-9781451857429/06245-9781451857429/06245-9781451857429.xml
Abstract:Government-linked companies (GLCs) have a significant presence in Singapore''s corporate sector. Unlike parastatals in many other countries, these companies are run on a competitive, commercial basis, ostensibly without government privileges. Based on data from publicly listed GLCs and non-GLCs, we indeed find no evidence that GLCs have easier access to credit. However, we do find that being a GLC is rewarded in financial markets with a positive premium, over and above what can be explained by the usual determinants of Tobin''s q
Umfang:1 Online-Ressource (21 p)
ISBN:145185742X
9781451857429