Previous studies show that profitability does not improve after share issue privatization (SIP) in China. We explore … samples, we show that there is a positive privatization effect and there is a negative listing effect on profitability. We … also document evidence of a significant improvement in profitability after separating the “pure” privatization effect from …

profitability and solvency. Using cross-sectional data covering over 25,000 firms worldwide and by employing various empirical … intensive and have higher labor costs. Thus, evidence from this study could be interpreted to mean that privatization could …

aggregate ownership transfers improve profitability, though not in cases where the transfers themselves were corrupted …

SOEs’ financial performance and the factors that affected profitability. The analysis method used is panel data regression …