Alma, Hasan; Karan, Mehmet Baha - In: International Journal of Energy Sector Management 11 (2017) 2, pp. 329-349
Purpose This paper is aimed to evaluate recently privatized 18 electricity distribution and retail companies, using the data and conditions at the time they were privatized. The main hypothesis of the study is that most of the privatized companies in this research are underpriced similar to...