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
1. Verfasser: Omran, Mohammed (VerfasserIn)
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)
ISSN:0305-750X