offerings (IPOs) of Kazakhstan state-owned enterprises (SOEs) in the transition economies of Central Asia. It argues that … privatization (i.e., IPO) has different effects depending on the types of owners to whom it gives control in corporate governance …. This study investigated the long-run stock performance of Kazakhstan companies listed on the London Stock Exchange (LSE …

nationalization policies in Kazakhstan's oil and gas industry in the post-Soviet period. Although the full nationalization of the … projects. We further explore the role of KazMunaiGas NOC in Kazakhstan's hydrocarbon sector. At the beginning of the 2000s …, Kazakhstan consolidated its dispersed state-owned enterprises in the energy sector to create KazMunaiGas. Since then, Kazakhstan …