This research examines the effects of privatization transaction strategy on enterprise performance in developing … economies. Focusing on trade sale privatization, we use an event-driven data strategy and time-series regression techniques on … realized when privatization trade sales introduce large-block foreign shareholdings and hybrid forms of governance, such as …

with increasing returns to scale. We show that privatization is preferred to regulation for intermediate values of the … privatization is likely to disappear once the product market allows the entry of more than one firm.In this paper, we study the … show that privatization is preferred to regulation for intermediate values of the shadow cost of public funds (i.e., the …

We analyze when, and to a lesser extent how, privatization occurred in a group of thirty-five low or middle … primary determinant of privatization policies. Privatization is a means to an end, of course, rather than an end in itself …. But we proceed under the assumption that policymakers have decided, for whatever reason, that privatization is a desirable …