The Financial and Operating Performance of Newly Privatized Firms : Evidence from Developing Countries
AbstractThis paper examines the change in financial and operating performance of 79 companies from 21 developing countries that experience full or partial privatization over the period 1980 to 1992. To take account of the possibility that some of the differences between preprivatization and postprivatization performance could be due to economywide factors we use performance measures adjusted for market effects in addition to unadjustedperformance measures.
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Bibliographic InfoPaper provided by Laval - Faculte des sciences de administration in its series Papers with number 96-59.
Length: 27 pages
Date of creation: 1996
Date of revision:
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Postal: Canada; Universite Laval, Faculte des sciences de l'administration. Pavillon des sciences de l'administration. Universite laval, Quebec, Canada G1K 7P4
Phone: (418) 656-2180
Web page: http://www.fsa.ulaval.ca/
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Find related papers by JEL classification:
- L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out
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