Examining post-privatisation performance: the case of Vietnam

Tyrone M. Carlin, Cuong Duc Pham, Nigel Finch

Research output: Contribution to journalConference paperResearchpeer-review

Abstract

Vietnam has cautiously introduced a privatization program for State Owned Enterprises (SOEs) since 1992 adopting a different approach when compared with Western countries. This paper focuses on investigating the effects of listing, by comparing changes in the financial performance of privatized firms on a pre- and post listing basis. The study uses a sample of 33 privatised firms. Our results provide a substantial contribution to the current debate in the literature surrounding the effects of privatisation and ownership change, especially in developing countries, and this paper may assist policy makers in directing future privatization initiatives.

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Privatization
Financial performance
Politicians
Developing countries
Ownership change
State-owned enterprises

Cite this

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title = "Examining post-privatisation performance: the case of Vietnam",
abstract = "Vietnam has cautiously introduced a privatization program for State Owned Enterprises (SOEs) since 1992 adopting a different approach when compared with Western countries. This paper focuses on investigating the effects of listing, by comparing changes in the financial performance of privatized firms on a pre- and post listing basis. The study uses a sample of 33 privatised firms. Our results provide a substantial contribution to the current debate in the literature surrounding the effects of privatisation and ownership change, especially in developing countries, and this paper may assist policy makers in directing future privatization initiatives.",
author = "Carlin, {Tyrone M.} and Pham, {Cuong Duc} and Nigel Finch",
year = "2009",
language = "English",
journal = "Proceedings of the 38th Annual Meeting of the Western Decision Sciences Institute",
issn = "1098-2248",
publisher = "Western Decision Sciences Institute",

}

Examining post-privatisation performance : the case of Vietnam. / Carlin, Tyrone M.; Pham, Cuong Duc; Finch, Nigel.

In: Proceedings of the 38th Annual Meeting of the Western Decision Sciences Institute, 2009.

Research output: Contribution to journalConference paperResearchpeer-review

TY - JOUR

T1 - Examining post-privatisation performance

T2 - Proceedings of the 38th Annual Meeting of the Western Decision Sciences Institute

AU - Carlin, Tyrone M.

AU - Pham, Cuong Duc

AU - Finch, Nigel

PY - 2009

Y1 - 2009

N2 - Vietnam has cautiously introduced a privatization program for State Owned Enterprises (SOEs) since 1992 adopting a different approach when compared with Western countries. This paper focuses on investigating the effects of listing, by comparing changes in the financial performance of privatized firms on a pre- and post listing basis. The study uses a sample of 33 privatised firms. Our results provide a substantial contribution to the current debate in the literature surrounding the effects of privatisation and ownership change, especially in developing countries, and this paper may assist policy makers in directing future privatization initiatives.

AB - Vietnam has cautiously introduced a privatization program for State Owned Enterprises (SOEs) since 1992 adopting a different approach when compared with Western countries. This paper focuses on investigating the effects of listing, by comparing changes in the financial performance of privatized firms on a pre- and post listing basis. The study uses a sample of 33 privatised firms. Our results provide a substantial contribution to the current debate in the literature surrounding the effects of privatisation and ownership change, especially in developing countries, and this paper may assist policy makers in directing future privatization initiatives.

M3 - Conference paper

JO - Proceedings of the 38th Annual Meeting of the Western Decision Sciences Institute

JF - Proceedings of the 38th Annual Meeting of the Western Decision Sciences Institute

SN - 1098-2248

ER -