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efficiency and performance. To identify the role of patronage connection in privatization, we use the mandatory retirement age … privatization deals and jumps in efficiency for privatized SOEs when local politicians lose connections to Central Committee members …
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privatization (i.e., IPO) has different effects depending on the types of owners to whom it gives control in corporate governance …
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This study investigates the privatization situation in Indonesia between 1996 and 2020. This study conducts a … comparative analysis to see the impact of privatization on companies' performance and, with regard to the crisis that occurred … profits declined after privatization, but the company's efficiency improved. Otherwise, the debt ratio of state …
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