Universität Wien

040144 SE State Ownership (MA) (2021W)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Prüfungsimmanente Lehrveranstaltung
VOR-ORT
Moodle

An/Abmeldung

Hinweis: Ihr Anmeldezeitpunkt innerhalb der Frist hat keine Auswirkungen auf die Platzvergabe (kein "first come, first served").

Details

max. 24 Teilnehmer*innen
Sprache: Englisch

Lehrende

Termine (iCal) - nächster Termin ist mit N markiert

  • Dienstag 05.10. 13:15 - 14:45 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 12.10. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Dienstag 19.10. 13:15 - 14:45 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 09.11. 13:15 - 14:45 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 16.11. 13:15 - 14:45 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 23.11. 13:15 - 14:45 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 30.11. 13:15 - 14:45 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 07.12. 13:15 - 14:45 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 14.12. 13:15 - 14:45 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 11.01. 13:15 - 14:45 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 11.01. 15:00 - 16:30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 18.01. 13:15 - 14:45 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 18.01. 15:00 - 16:30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 25.01. 13:15 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock

Information

Ziele, Inhalte und Methode der Lehrveranstaltung

Course description:
• This seminar is for master students in Economics and Business Administration and covers selected topics in economic policy and firm ownership. Students taking this course should get an overview about the role of the state as a firm owner. We discuss competition as regulator, when it fails, industry regulation and different forms of state ownership.
• We analyse the role of the state as owner of business enterprises by providing an overview of the main aspects in industrial and regulatory economics. We also give an assessment of state ownership according to different schools of thought. We then discuss the role and the economic policy approach of various state holdings or sovereign wealth funds and distinguish between entrepreneurial holdings and financial holdings. Regulatory issues and conflicts of interest will be examined using the ÖBAG holdings and other regulated industries as well as state ownership in the crisis as case studies. At the end of the seminar, students should have a comprehensive overview of the state as an entrepreneurial actor and the issues involved, as well as a detailed knowledge of the macroeconomic, economic policy and legal foundations of the Austrian state holding ÖBAG.

Topics
1. Economic approaches to state ownership
2. Capital markets’ view on state ownership
3. Case study: OMV – two state holding companies as major share holders
4. Case study: Verbund – state ownership by constitutional law
5. Case study: Government Pension Fund of Norway
6. Case study: Temasek Holdings and its Governance of Government-Linked Companies
7. Case study Post AG: Postal services between regulation and ownership
8. Case study Telekom Austria: deployment of broadband internet between infrastructure requirements and entrepreneurial perspective (agency problems: government vs private decision makers)
9. Case study: ORF – is a self-governed enterprise with a state mandate comparable to a state-owned enterprise?
10. Case study: GM / Lufthansa – state ownership in the crisis
11. Case study: ÖBB – natural monopoly of the infrastructure vs competition for transport services
12. Case study: Casinos Austria – regulation of gambling: owner interests and regulatory requirements

Teaching approach:
• Introductory lectures, literature work, case studies, field trip, seminar papers, presentations.

Art der Leistungskontrolle und erlaubte Hilfsmittel

Grading
• Students are required to do one (group) presentation of a topic (35%), write a term paper (35%), and participate actively in class (30%).
• For each of these three components, students can receive between 0 and 100 points. The final number of points is the weighted sum of the three components rounded to one digit.
• To receive a positive grade, the final number of points has then to be at least 50.1. The grade is 1 (2, 3, 4 and 5), if the final number of points is 87.6-100 (75.1-87.5, 62.6-75, 50.1-62.5 and 0-50).

Mindestanforderungen und Beurteilungsmaßstab

Prüfungsstoff

Literatur

Zuordnung im Vorlesungsverzeichnis

Letzte Änderung: Mi 09.03.2022 16:07