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According to the three academics, management buy-outs have done much better than behemoths, joint ventures or firms privatised through other methods (such as leases or sales to outsiders or employees).
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So what about the "political fudge" over the future of Channel 4? It is not being part-privatised through a deal with Five, nor, under his plans, will it be bounced into an arranged marriage with BBC Worldwide.
It was privatised in 2009 through an initial public offering on the Warsaw exchange.
Under New Labour, billions were wasted on overpaid private consultants in the civil service; air traffic control was privatised; and Gordon Brown forced through the disastrous Public Private Partnership on the London Underground.
It may be privatised sooner or later, but probably through a public offering rather than a trade sale.Besides, says Eesti Energia, the Baltic countries have similar strategic interests.
He privatised about 70 per cent of the service through CRCs, with only the highest-risk offenders overseen by the state despite warnings about the firms' lack of experience in probation.
But the CDC is also in the process of being privatised; a bill is currently winding its way through Britain's parliament.
In the Netherlands, the 2006 reform that privatised the entire health-insurance system accomplished most of these tasks through one simple mechanism: a tax-funded risk equalisation fund (REF).
Host David Speers then dragged Turnbull through a shopping list of government-owned businesses that might be privatised.
The sustained cover-up of the Pinochet fortune – largely amassed through drugs and arms dealing, and Pinochet's making over of newly privatised state concerns to family members – took place in British colonies which were ultimately controlled by Whitehall.
Will it be privatised?
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