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This paper studies the link between the political and institutional context and privatization sales prices. The latter … serves as a measure for assessing the relative performance of the privatization goals. Whereas this link has been studied …
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This paper examines the impact of privatization on stock market size and liquidity in a multinational sample of 31 … emerging markets. We find that the intensity of privatization and the use of privatization offerings on the stock market … panel specifications and find that privatization appears to be the most beneficial in the Asian sub sample where most …
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