By De Jong, Nijman And Roell
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Extra info for A Comparison Of The Cost Of Trading French Shares On The Paris Bourse And On Seaq International
Finally, and perhaps most importantly, they claim certain benefits in acquiring small dynamic companies. Most of the time they buy these dynamic companies, put them out of existence, and totally ignore the radical innovations which would benefit the whole society. As far as I am concerned, merger mania, in its recent format, must be considered illegal because of antitrust laws. Once more our market economy started with small, ambitious entrepreneurships, this should not disappear. PRIVATIZATION One of the unsubstantiated generalizations in current American culture is that private groups perform well and government cannot.
Furthermore, and more importantly, every bureaucracy must be kept entrepreneurial by periodic replacement of the members or by entrepreneurial training of its members. This is particularly important because entrepreneurs are open to new ideas, they are knowledgeable, and they have progressive vision with renewed and improved goals (Samli, 2008). There may be other measures to keep governments and organizations from becoming dysfunctional or regressive. These must be explored constantly to maintain progressiveness.
As privatization pressures become 30 EMPOWERING THE MARKET ECONOMY THROUGH INNOVATION... a reality, instead of people only a few financiers receive the benefits and become very rich. For instance, recently the City of Chicago attempted to privatize its parking meters. 2 billion, which was a great deal in the short term to help the city get out of its budget deficit. 2 billion payment and will have to combat future budget problems without the income generated from parking meters for the next 72 years.
A Comparison Of The Cost Of Trading French Shares On The Paris Bourse And On Seaq International by De Jong, Nijman And Roell