. The paper has important implications for policymakers in supporting privatization policy and in designing a framework to … promote better corporate governance in privatized firms after privatization …

financial crisis. We address identification concerns both econometrically and through references to existing privatization …

Privatization has been widely accepted as an effective avenue to improve the performance of State-Owned Enterprises … partially privatized to optimize their potential. This study investigates if, following their privatization, performance gaps …

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 … between the types of ownership, this paper provides new insight into the impact that post-privatization ownership structure …

have set up stronger governance than domestic private firms that have not experienced privatization. I propose seven … governments' fiscal conditions in the privatization year and privatized firms' governance, which suggests a significant role … played by local governments in shaping corporate governance during the privatization process …

economy and hence have engaged in privatization and sell-out efforts. Still, the Indian state owns about 277 enterprises, of …

. Applying propensity score matching, we find that privatized banks tend to exhibit higher levels of risk-taking post-privatization …