majority initial public offerings. Keywords: Privatization, SOEs, Egypt, Ownership Structure … determines whether such performance differs across firms according to their new ownership structure. The Egyptian privatization … program provides unique post-privatization data on different ownership structures. Since most studies do not distinguish …

determines whether such performance differs across firms according to their new ownership structure. The Egyptian privatization … program provides unique post-privatization data on different ownership structures. Since most studies do not distinguish … between the types of ownership, this paper provides new insight into the impact that post-privatization ownership structure …

We analyze the extent of the integrated control of the state over privatized firms during the post-privatization decade …

In their privatization programs, transition governments have frequently given away shares (so-called 'mass … privatization'), while maintaining significant minority ownership. We explain the rationality of this behavior for an expected net … constraint raises to zero prices that would otherwise be negative, and has an indirect effect: mass privatization and partial …