We interpret privatization in light of corporate governance theory. After replicating some traditional tests, we test … whatever positive value accrues from privatization is affected by the contextual, organizational, governance, and strategic … variables that influence the privatization process. …

In 1997, France Telecom, the state-owned French telephone company, went through a partial privatization. We adapt a …

reason is the fact that the privatization process completion of socially-owned and partly state-owned enterprises has put … is being taken with greater consideration by the companies, regulators and government. The strong wave of privatization …

-scale privatization, small-scale privatization, price liberalization, competition policy, trade and foreign exchange system, banking …

In 1997, France Telecom, the state-owned French telephone company, went through a partial privatization. We adapt a …

-owned enterprises (SOEs), opening up the gate to China's secondary privatization. The expectation of privatization quickly boosted SOE … SOE performance are positively correlated to government agents' privatization-led incentive of increasing state …-owned share value. In terms of privatization methodology, the reform adopted a market mechanism that played an effective …

efficiency and performance. To identify the role of patronage connection in privatization, we use the mandatory retirement age … privatization deals and jumps in efficiency for privatized SOEs when local politicians lose connections to Central Committee members …