privatized firms. First, accounting data prior to and after the privatization are employed to measure the operating performance … are significantly different to private counterparts. Overall results, however, show that the privatization in Sweden was … ; performance measure ; privatization ; ratio analysis ; event-study ; public and private relationship …

The aim of this work is to investigate the determinants and why and how the post-privatization firm's performance … performance behavior, based on the agency, property rights and public choice theories. We conclude that the privatization itself … companies are listed in a stock exchange after privatization, when they are privatized by an initial public offering and when …

Why do the reported effects of privatization on firm performance vary so much? This paper re-estimates these effects …, but they vary across countries and time periods. Our analysis of heterogeneity in privatization effectiveness finds little …

The aim of this study is to investigate the pre- and post-privatization financial and operational performance of forty … two Portuguese companies in most of sectors of economic activity that experience full or partial privatization through … whether or not the privatization of sate-owned enterprises (SOE's) had caused improvements on the economic and financial …

-oriented issue of why a large number of efficient firms disappeared during mass privatization in a booming economy of Montenegro …. Econometrically, we present the first study to look at firms that disappeared during a mass privatization transition, improving upon … remaining in samples when estimating the effects of privatization or other ownership changes. We also show that one needs to …

encouraged or discouraged in privatization; but empirical evidence is scarce. This paper employs a unique data set on Slovene … firms in an early period of "spontaneous privatization." Characteristics of the incidence of privatization to employee and … foreign owners, and subsequent firm performance, are examined. The paper controls for simultaneity between privatization and …

. Over time, this effect increases. An alternative "credible" privatization perspective suggests that retention of … CARs and time since initial privatization for telecoms from emerging markets. The influence of residual state factors on …