This study examines the incidence of earnings management around the privatizations of State Owned Enterprises in Pakistan during 1991-2005. Using the modified Jones model and a sample of large privatizations (minimum US$1 million), it shows that the sampled firms experienced increase in...

The study assesses the impact of privatization on employment and output in Pakistan by using edible oil and cement sectors as a case study. The study is both a policy and empirical analysis. The review of literature sets the stage for policy analysis, and allows us to assess the policy...