Liberalization, corporate governance and the performance of privatized firms in developing countries

By Narjess Boubakri, J. Cosset, Omrane Guedhami. 2005

229 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/3234f3ad7698b4f7c1e2131a546965d09419ba48

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In Accounting

1. Walid Saffar
2. Omrane Guedhami
3. Narjess Boubakri
4. Jeffrey A. Pittman
5. J. Cosset
6. Jiaping Qiu
7. Ying Ge
8. V. Aivazian

In Finance

1. Walid Saffar
2. Narjess Boubakri
3. Jiaping Qiu
4. Ying Ge
5. V. Aivazian
6. J. Cosset
7. Jeffrey A. Pittman
8. M. Deloof

Citations in the corpus

• Auditor choice in privatized firms: Empirical evidence on the role of state and foreign owners (2009, background): “We follow convention by defining the privatization event date to reflect when the government divests, for the first time, a certain number of shares (Megginson et al, 1994 and Boubakri et al., 2005).”
• Do state and foreign ownership affect investment efficiency? Evidence from privatizations (2017, unknown): “[Insert Table 1 Here] 5 Megginson and Netter (2001) suggest that data availability is superior for developed countries, which may have a higher concentration of better-performing firms.”
• Political connections of newly privatized firms (2008, methodology): “For example, using a multinational sample of 209 privatized 4 firms, Boubakri et al. (2005) show that the average government stake decreases substantially after privatization, and that most governments generally relinquish control over time (after a few years).”
• Corporate finance and governance in emerging markets: A selective review and an agenda for future research (2011, background): “Performance issue is a well known reason for the privatization of SOEs (Boubakri and Cosset, 1998; Megginson and Netter, 2001; Djankov and Murrell, 2002; D'Souza et al., 2005; Boubakri et al., 2005; Gupta, 2005; and many others).”
• Can corporatization improve the performance of state-owned enterprises even without privatization? (2005, methodology): “4 Similar performance measurements have been used in Boubakri et al. (2005) and D’souza et al. (2005).”
• Influence of bank concentration and institutions on capital structure: New international evidence (2008, background): “, 1997, 1998, 2000), greater investments from external funds (Rajan and Zingales, 1998; Demirgüç-Kunt and Maksimovic, 1998), and higher improvements in performance of privatized firms (D’Souza et al., 2005; Boubakri et al., 2005).”
• The Role of State and Foreign Owners in Corporate Risk-Taking: Evidence from Privatization (2013, unknown): “The results 3 We follow the standard practice in the privatization literature and exclude firms from ex-communist countries (Megginson et al., 2004; Boubakri et al., 2005; Guedhami et al., 2009).”
• The value of government ownership during the global financial crisis (2017, background): “Boubakri, Cosset, and Guedhami (2005) document a significant increase in post-privatization profitability, efficiency, investment and output for a sample of 230 firms in 32 developing countries.”