investigates the role of hybrid debt in the privatization of state‑owned enterprises (SOEs) via government‑controlled investment … in Europe and Asia. Moreover, in some cases, the privatization of SOEs by means of exchangeables can prove to be a more … shareholders. Third, the entire privatization process tends to be more flexible for issuers in that they can perceive exchangeables …

privatization of local SOEs. We find that privatization of the Chinese local SOEs increases significantly during financial …

This paper analyzes the post-privatization performance and organizational changes of a Pakistani State Owned Enterprise … instead of increase in operational efficiency, the main reason for improved profitability is increase in sale prices and … organizational changes were made after privatization to ensure quick decision making on various proposals that enhances shareholder …