The performance of state-owned enterprises and newly privatized firms does privatization really matter?
The purpose of this paper is to examine the performance of 54 newly privatized Egyptian firms against a matching number of state-owned enterprises (SOEs). By matching sample firms (privatized) with control firms (SOEs) over 1994-98, our analyses show that privatized firms do not exhibit significant...
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Veröffentlicht in: | World development |
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1. Verfasser: | |
Format: | UnknownFormat |
Sprache: | eng |
Veröffentlicht: |
2004
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Zusammenfassung: | The purpose of this paper is to examine the performance of 54 newly privatized Egyptian firms against a matching number of state-owned enterprises (SOEs). By matching sample firms (privatized) with control firms (SOEs) over 1994-98, our analyses show that privatized firms do not exhibit significant improvement in their performance changes relative to SOEs. These findings question the benefits of Egyptian privatization. (DSE/DÜI) |
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ISSN: | 0305-750X |