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Advantages And Disadvantages Of Privatisation

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Privatisation of the Royal Mail in October 2013 usually is estimated as controversial reform of the oldest UK institution and the main country 's postal service. Still there are polar views on the merits and downsides of flotation, which means “making a public company’s shares widely available for purchase on the stock market” (Marcouse, 2011) and, as a result, became a Public Limited Company, “company with limited liability and shares, which are available to the public” (Marcouse, 2011). The purpose of this essay is to explore the influence on key stakeholders, “an individual or group that affects and is affected by an organisation” (Marcouse, 2011) of the privatisation- “selling off state-owned organisations to private-sector owners” (Marcouse, 2011). Firstly it will observe the repercussions on internal stakeholders such as employees. Then it will appraise external stakeholders: the customers as the key and most numerous group of stakeholders, Government and other groups.
There is a number of reasons of privatization. First one to be mentioned is that that partial privatization give Royal Mail additional investments, which were needed to improve competitiveness, because Government claimed that it can not invest itself. Political motivation also had place- some politicians believed that huge amount of discounted shares will be associated amongst public with popular sell-offs in 1980s. In addition, Royal Mail had got pension debt, which could be removed after

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