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Ha-Joon Chang Quotes About Ownership

We have collected for you the TOP of Ha-Joon Chang's best quotes about Ownership! Here are collected all the quotes about Ownership starting from the birthday of the Economist – October 7, 1963! We hope you will be inspired to new achievements with our constantly updated collection of quotes. At the moment, this page contains 2 sayings of Ha-Joon Chang about Ownership. We will be happy if you share our collection of quotes with your friends on social networks!

  • All the alleged key causes of SOE [State-Owned Enterprise] inefficiency - the principal-agent problem, the free-rider problem and the soft budget constraint - are, while real, not unique to state-owned enterprises. Large private-sector firms with dispersed ownership also suffer from the principal-agent problem and the free-rider problem. So, in these two areas, forms of ownership do matter, but the critical divide is not between state and private ownership - it is between concentrated and dispersed ownerships.

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    Ha-Joon Chang
    "Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism". Book by Ha-Joon Chang, en.wikiquote.org. 2008.
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Ha-Joon Chang

  • Born: October 7, 1963
  • Occupation: Economist
2 Quotes

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