Private Ownership Identities and Post-Privatization Performance

Private Ownership Identities and Post-Privatization Performance

The Effect of Private Ownership Identities on Post-Privatization Performance:Evidence from Ethiopian Privatized Man.Firm

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According to the study privatization has significant negative impact on firms profitability but positive impact on firms efficiency in terms of net income, sales and cost efficiency. Liquidity and capital spending are show an increase but not significantly. Total debts and employment show reduction after privatization. From post-privatization ownership identities, foreign ownership has large negative impact on firms profitability but large positive impact on efficiency and liquidity than domestic ownership. And also foreign ownership largely increase capital spending and largely reduce financi...