, Nash and Van Randenborgh (MNR 1994) by using the Wilcoxon and proportion tests to compare the pre- and post-privatization … studies, it has its shortcomings. Indeed, this method is unable to isolate the impact of privatization on firm performance … employed in this paper. Both approaches confirm that privatization in Vietnam brings about significant improvement in most …

Privatization is an old phenomenon but with important changes for the ten last years. According to the movement …

We interpret privatization in light of corporate governance theory. After replicating some traditional tests, we test … whatever positive value accrues from privatization is affected by the contextual, organizational, governance, and strategic … variables that influence the privatization process. …

The liberalization of electricity and gas markets clashes against the French economic culture that relies on the state … EU directives. Nevertheless, the liberalization has had the beneficial effect of shaking the rents, the institutional … organization and has called into question the traditional concept of "service public". Looking ahead, however, the liberalization …