Journal ArticleDOI
Privatization: Not the only answer
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The problem of state-owned enterprises is not ownership, but rather a lack of explicit goals and objectives, and an absence of organization cultures and systems that support and encourage fulfillment of those goals as discussed by the authors.About:
This article is published in World Development.The article was published on 1989-05-01. It has received 147 citations till now. The article focuses on the topics: Private sector.read more
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The Financial and Operating Performance of Newly Privatized Firms: An International Empirical Analysis
TL;DR: In this paper, the authors compared the pre-and post-privatization financial and operating performance of 61 companies from 18 countries and 32 industries that experience full or partial privatization through public share offerings during the period 1961 to 1990.
Journal ArticleDOI
China share issue privatization: the extent of its success☆
Qian Sun,Wilson H.S. Tong +1 more
TL;DR: In this paper, the performance changes of 634 state-owned enterprises (SOEs) listed on China's two exchanges upon share issuing privatisation (SIP) in the period 1994-1998 were evaluated.
Journal ArticleDOI
From State to Market: A Survey of Empirical Studies on Privatization
TL;DR: In this article, the authors survey the literature examining the privatization of state-owned enterprises (SOEs) in both non-transition and transition countries, how investors in privatizations have fared, and the impact of privatization on the development of capital markets and corporate governance.
Journal ArticleDOI
The Financial and Operating Performance of Newly Privatized Firms: Evidence from Developing Countries
TL;DR: The authors examined the change in the financial and operating performance of 79 companies from 21 developing countries that experienced full or partial privatization during the period from 1980 to 1992 and found significant increases in profitability, operating efficiency, capital investment spending, output, employment level, and dividends.
Journal ArticleDOI
How Does Government Ownership Affect Firm Performance? Evidence from China’s Privatization Experience
TL;DR: In this paper, the effect of government ownership on firm performance remains a controversial issue, especially in a transitional economy like China, where government ownership is typically viewed as adversely affecting firm performance.
References
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Book
The Concept of Corporate Strategy
TL;DR: The concept of corporate strategy, The concept of Corporate Strategy, Corporate Strategy as discussed by the authors, Corporate Strategy and Corporate Strategy: The concepts of corporate strategies and corporate strategy in the context of business.
Journal ArticleDOI
Matching corporate culture and business strategy
Howard Schwartz,Stanley M. Davis +1 more
TL;DR: The well-run companies of the world have distinctive cultures that are somehow responsible for their ability to create, implement, and maintain their world leadership positions as mentioned in this paper, but there are characteristic ways of making decisions, relating to bosses, and choosing people to fill key jobs.
Book
The private provision of public services in developing countries
TL;DR: The role of the private sector is pervasive in the provision of services in developing countries as mentioned in this paper, and the examples given are but a small part of the tip of a very large iceberg.
Journal ArticleDOI
Note-Performance Evaluation of State-Owned Enterprises: A Process Perspective
TL;DR: The use of SOEs as instruments of public policy and the resulting clashes between these enterprises and private firms on the one hand and government and other controllers on the other, are causing concern.