privatization (i.e., IPO) has different effects depending on the types of owners to whom it gives control in corporate governance …

This article compares the initial returns of privatization initial public offerings (IPOs) to those of privately …-owned enterprises and investigates the determinants of short-run performance of privatization IPOs, using a sample of 185 privatization … comparing privatization IPOs to the private IPOs, the cross-sectional determinants of privatization initial returns are analyzed …

While it is well documented that privatization leads to an improvement in the performance of state-owned enterprises … similar pre-privatization situations, i.e. the performance of SOEs. By matching sample firms (privatized) to control firms …, which might put into question the benefits of privatization in Egypt. However, the caveat here is that the findings of no …

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 …

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 …

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 … following privatization. Matching sample firms (privatized) to control firms (SOEs), I document that privatized firms do not …