Motives and incentives in the privatization of the South Australian Lotteries

Joshua Newman, Malcolm G. Bird

Research output: Contribution to journalArticleResearchpeer-review

Abstract

This paper investigates the motives and incentives behind the privatization of the South Australian Lotteries. Our analysis yields three main insights: first, short-term financial considerations were the most important incentive in this instance of privatization. Second, a mix of instrumental and political considerations co-existed as motivating factors. Lastly, a previous (unsuccessful) privatization effort provided important guidance. These insights reveal the inadequacy of the established literature, which focuses on single-motive explanations of privatization, to account for special cases.

Original languageEnglish
Number of pages10
JournalPublic Money and Management
DOIs
Publication statusAccepted/In press - 1 Jan 2020
Externally publishedYes

Keywords

  • Asset sales
  • lotteries
  • privatization
  • South Australia
  • state-owned corporations

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