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witness any significant improvement in their performance, which questions the benefits of privatization in Egypt. …Even though it is well documented that privatization leads to an improvement in the performance of state … because it does not consider the performance of control firms of similar pre-privatization situations, i.e. the performance of …
Persistent link: https://www.econbiz.de/10011597814
majority initial public offerings. Keywords: Privatization, SOEs, Egypt, Ownership Structure … determines whether such performance differs across firms according to their new ownership structure. The Egyptian privatization … program provides unique post-privatization data on different ownership structures. Since most studies do not distinguish …
Persistent link: https://www.econbiz.de/10014126013
for monitoring the performance of the public enterprises considered for privatization. The paper incorporates measures … transitional performance in Egypt as a developing transition economy. The results conclude that transparency of public enterprise …
Persistent link: https://www.econbiz.de/10014068280
for monitoring the performance of the public enterprises considered for privatization. The paper incorporates measures … transitional performance in Egypt as a developing transition economy. The results conclude that transparency of public enterprise …
Persistent link: https://www.econbiz.de/10014029732
, which might put into question the benefits of privatization in Egypt. However, the caveat here is that the findings of no … needed before these results could be considered conclusive. Keyword: SOEs, Privatization, Middle East, and Egypt …While it is well documented that privatization leads to an improvement in the performance of state-owned enterprises …
Persistent link: https://www.econbiz.de/10014117134
Persistent link: https://www.econbiz.de/10012239150
Persistent link: https://www.econbiz.de/10011316491
Persistent link: https://www.econbiz.de/10001730392
Share issue privatization - i.e. privatization on public equity markets - is often claimed to foster stock market … development. In this paper, we provide an empirical assessment of this claim, testing the role of privatization on two market … liquidity measures in a panel with monthly data of 19 developed economies. Privatization is shown to be key in improving …
Persistent link: https://www.econbiz.de/10011598239
This paper offers a review and discussion of the evidence concerning the underpricing and long run performance of British PIPOs (Privatisation Initial Public Offerings) between 1977-1996, i.e. from the first privatisation under a Labour Government (British Petroleum), until the last ones by a...
Persistent link: https://www.econbiz.de/10011597836