The Performance of Privatised Enterprises in Developing Countries
AbstractPrivatisation has been advocated as the predominant way to solve the problems facing ailing public enterprises in developing countries. Despite this, the policy remains controversial. The available empirical evidence on the operational and financial performance of enterprises after privatisation has often painted a rosy picture. This paper reassesses the situation using a larger sample of enterprises and a comparative perspective between privatised utilities, non-utilities and private enterprises that have never been state owned. The results of our analysis point to there being differences in the performance across the three groups of enterprises and, in particular, to a deterioration in performance among privatised utilities. This suggests that the earlier optimism over the efficacy of privatisation may have been premature.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Journal of Development Studies.
Volume (Year): 44 (2008)
Issue (Month): 9 ()
Contact details of provider:
Web page: http://www.tandfonline.com/FJDS20
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Tan, Jeff, 2012. "The Pitfalls of Water Privatization: Failure and Reform in Malaysia," World Development, Elsevier, vol. 40(12), pages 2552-2563.
- Polterovich, Victor, 2012.
"Приватизация и рациональная структура собственности (Privatizatsiya i ratsional’naya struktura sobstvennosti)
[Privatization and the Rational Owners," MPRA Paper 41069, University Library of Munich, Germany.
- Emita W. Astami & Greg Tower & Rusmin Rusmin & John Neilson, 2010. "The effect of privatisation on performance of state-owned-enterprises in Indonesia," Asian Review of Accounting, Emerald Group Publishing, vol. 18(1), pages 5-19, May.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
If references are entirely missing, you can add them using this form.