The Performance of State-Owned Enterprises and Newly Privatized Firms: Does Privatization Really Matter?

@article{Omran2002ThePO,
  title={The Performance of State-Owned Enterprises and Newly Privatized Firms: Does Privatization Really Matter?},
  author={Mohammed Omran},
  journal={World Development},
  year={2002},
  volume={32},
  pages={1019-1041}
}
While it is well documented that privatization leads to an improvement in the performance of state-owned enterprises (SOEs) following divestiture, it is argued that many of these studies do not consider the performance of control firms of similar pre-privatization situations, i.e. the performance of SOEs. By matching sample firms (privatized) to control firms (SOEs), we find that privatized firms do not exhibit significant improvement in their performance changes compared with SOEs, which might… Expand

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