Tatahi, Motasam; Heshmati, Almas - Institut zur Zukunft der Arbeit <Bonn> - 2009
This paper examines the change in operating and financial performance of Swedish firmsthat were either partly or fully …-based event study is found useful tomeasure the financial performance of privatized firms, since all the firms in the sample … were launched in the same period. It is found that the cumulativereturns for the privatized firms are significantly …