Building industry is an important indicator of the business cycle of the economy, because it is tied to movements and variations in the national economy. Building industry reacts directly and flexibly to any changes in the economic cycle and has multiplying effect on the development of other...

The purpose of this paper is to examine corporate governance mechanisms applied to a particular form of ownership structure: the privatization. Using, a series of statistical and econometric analysis, we show that privatization is likely to occur in an environment that validates supports and...