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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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We track firms at birth and compare the growth pattern of IPO firms and their birth-matched counterparts. Firms that are larger at birth with faster initial growth are more likely to attain a larger size later in life and go public. Firms in the top percentile of predicted propensity to go...
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We track firms at birth and compare the growth and responsiveness to demand shocks of IPO firms and their birth-matched counterparts. Firms that are larger at birth with faster initial growth are more likely to go public. Firms in the top percentile of predicted propensity to go public grow 29...
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or in the same sector. The pre-and-post privatization performance is tested using the Wilcoxon signed-rank test involving … accounting data and financial ratios of the privatized firms. Empirical findings of post privatization analysis indicate …Privatization : concept and theories -- Privatization in the world and privatization history of Turkey -- Efficiency …
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