Privatization performance in Turkey

Resource Information

The work Privatization performance in Turkey represents a distinct intellectual or artistic creation found in European University Institute Library. This resource is a combination of several types including: Work, Language Material, Books.

Label

Privatization performance in Turkey

Statement of responsibility

Esra Kabaklarlı

Creator

• Kabaklarlı, Esra, 1981-

Subject

• Corporations -- Turkey -- Finance
• Going public (Securities) -- Turkey
• Privatization -- Turkey

Language

eng

Summary

This book examines the financial performance of Turkish firms that were privatized by way of IPOs (Initial Public Offerings). The author uses event study methodology to empirically evaluate the financial efficiency of privatized firms. She also compares the equity returns of state firms to the returns of private sector firms that were listed in the same period or in the same sector. The pre-and-post privatization performance is tested using the Wilcoxon signed-rank test involving accounting data and financial ratios of the privatized firms. Empirical findings of post privatization analysis indicate improvements in firm performance in regard to real sales, leverage and capital expenditures. --

Assigning source

Provided by publisher

Cataloging source

DGU/DLC

Index

no index present

Literary form

non fiction

Nature of contents

bibliography

Series statement

Zoom economy