Economic theory traditionally supports the viewpoint that government ownership is inefficient and that privatization invariably leads to efficiency improvements. However, there is often frequent opposition to privatization activity because it is difficult to examine and empirically validate the effects of privatization. This is the first study to examine the impact of the privatization of posta...

nowadays reforming, of the ownership structure, from governmental ownership to privatization ownership, is a way of gaining constant and dynamic development. one of the best ways of privatization is denoting stocks by stock change and one of the most important factors to reach its fulfillment is how to price the denoted stocks. so far due to the importance and greatness of pricing stocks, many ...

In an effort to create shareholder value in the new frontier opened by a world but volatile economy, organizations have long ago realized that processes, structure and control procedures have to be reconstructed anew. It follows that information systems should be approached not as static artifacts but as dynamic entities able to model the ever-changing organization. In this paper we report of a...

This paper is the first paper to present findings evaluating the consequences for employees of full and partial privatization using difference-in-differences combined with propensity score matching. We find: (1) partial privatization causes job creation in contrast to full privatization, which destroys jobs, (2) full privatization causes higher labor productivity improvement than partial privat...

The introduction of mass privatization policies in Russia and the Czech Republic depended on the creation of impersonal capital markets to finance the needs of privatized companies and to provide a secondary market for the trading of securities. Yet, mass privatization created the contradictory conditions of generating millions of poorly informed shareholders, with no efficient markets for the ...

A new wave of bank privatizations in the past decade has significantly changed the ownership structure of banking systems around the world. This paper explores how these changes affect the allocation of capital within countries. We show that the decline in government ownership of banks has a different impact on capital allocation efficiency, depending on whether foreigners or large domestic sha...

Various electricity reforms have been adopted by a number of countries within the last 2 decades. Turkey, as one of those countries, has restructured its electricity market and intensively privatized the distribution companies. As one of the main targets of the liberalization efforts in the sector was announced to be reduced consumer prices, it is a matter of interest to look at the related dev...

Technological and economical development has forced companies in competitive markets, to change their strategic focus, as a result of which the Customer oriented organization is on the rise. In order to stay ahead of the competition, companies are increasingly turning to their customers as a means of securing their future competitive edge. CRM has become the mantra for success and developing cl...

Food and agricultural commodity value chains in developing and transition countries have undergone tremendous changes in the past decades. Companies and property rights have been privatized, markets liberalized, and economies integrated into global food systems. The liberalization and privatization initially caused the collapse of statecontrolled vertical integration. More recently, private ver...

To date, most discussion of security privatization in international politics has been focused on the role of private military companies and mercenaries. This article seeks to shift the focus away from the battlefields and toward the less spectacular privatization and globalization of commercial private security. Drawing on Saskia Sassen’s notion of state ‘‘disassembly,’’ we situate the growth o...