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Privatization and Corporate Performance in Transition Economies: The case of Vietnam

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  • Thi Quy Vo

    (University of Economics of Ho Chi Minh City, Vietnam and Asian Institute of Technology, Thailand)

Abstract

This study examines the post equitization performance of SOEs, equitized from 1998-2005 in Vietnam. The study aims to add to the body of literature by studying the relationship between ownership structure and corporate performance in privatized firms, based on Vietnam's experience in privatization. The study's results showed that private ownership has a positive impact on firm performance. Contrary to private ownership, state ownership has a negative impact on firm performance. Thess findings are consistent with the findings of most previous privatization studies.

Suggested Citation

  • Thi Quy Vo, 2012. "Privatization and Corporate Performance in Transition Economies: The case of Vietnam," Working Papers 22, Development and Policies Research Center (DEPOCEN), Vietnam.
    • Handle: RePEc:dpc:wpaper:2212
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    Cited by:

    1. Duy T. Nguyen & Mai H. Bui & Dung H. Do, 2019. "The Relationship Of Dividend Policy and Share Price Volatility: A Case in Vietnam," Annals of Economics and Finance, Society for AEF, vol. 20(1), pages 123-136, May.

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