Boubakri, Narjess; Cosset, Jean-Claude; Debab, Nassima; … - In: Journal of Banking & Finance 37 (2013) 6, pp. 1898-1914
This paper examines the link between globalization-measured by foreign direct investment (FDI) and foreign portfolio investment (FPI) – and privatization of state-owned enterprises, in a multi-country sample that focuses on developing countries. We hypothesize that privatization has an effect...