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This study shows that state ownership affects the impact of environmental, social, and governance (ESG) activities on firm value, using data covering ESG performance of the entire cross-section of China’s stock markets. Taking the COVID-19 market crash as an exogenous shock, we find a positive...
Persistent link: https://www.econbiz.de/10014238988
determines whether such performance differs across firms according to their new ownership structure. The Egyptian privatization … program provides unique post-privatization data on different ownership structures. Since most studies do not distinguish … between the types of ownership, this paper provides new insight into the impact that post-privatization ownership structure …
Persistent link: https://www.econbiz.de/10013004377
witness any significant improvement in their performance, which questions the benefits of privatization in Egypt. …Even though it is well documented that privatization leads to an improvement in the performance of state … because it does not consider the performance of control firms of similar pre-privatization situations, i.e. the performance of …
Persistent link: https://www.econbiz.de/10011597814
majority initial public offerings. Keywords: Privatization, SOEs, Egypt, Ownership Structure … determines whether such performance differs across firms according to their new ownership structure. The Egyptian privatization … program provides unique post-privatization data on different ownership structures. Since most studies do not distinguish …
Persistent link: https://www.econbiz.de/10014126013
for monitoring the performance of the public enterprises considered for privatization. The paper incorporates measures … transitional performance in Egypt as a developing transition economy. The results conclude that transparency of public enterprise …
Persistent link: https://www.econbiz.de/10014068280
for monitoring the performance of the public enterprises considered for privatization. The paper incorporates measures … transitional performance in Egypt as a developing transition economy. The results conclude that transparency of public enterprise …
Persistent link: https://www.econbiz.de/10014029732
, which might put into question the benefits of privatization in Egypt. However, the caveat here is that the findings of no … needed before these results could be considered conclusive. Keyword: SOEs, Privatization, Middle East, and Egypt …While it is well documented that privatization leads to an improvement in the performance of state-owned enterprises …
Persistent link: https://www.econbiz.de/10014117134
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