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Privatization Performance in Turkey

Privatization Performance in Turkey

von Esra Kabaklarl¿ und Esra Kabaklarlı
Softcover - 9783631675519
27,60 €
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Beschreibung

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.

Details

Verlag Peter Lang GmbH, Internationaler Verlag der Wissenschaften
Ersterscheinung 21. November 2016
Maße 21 cm x 14.8 cm
Gewicht 110 Gramm
Format Softcover
ISBN-13 9783631675519
Auflage 1. Auflage
Seiten 120