Ayele Mamo Tesfaye, G / Aregawi Michael

Private Ownership Identities and Post-Privatization Performance

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

• Broschiertes Buch

Produktbeschreibung

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 financial leverage and employment than domestic ownership. Finally, the study suggested that the privatized enterprises further focus on employee training, cost control and employ relevant technology to improve their financial and operating performance and further reform measures should be initiated to import new machinery,equipments and raw materials for companies their machines and equipments obsolete and dysfunctional and import raw materials and also effort should be directed to establish and develop domestic financial market to attract foreign and domestic private investors.

Produktdetails

• Verlag: LAP Lambert Academic Publishing
• Aufl.
• Seitenzahl: 152
• Erscheinungstermin: 11. Juli 2012
• Englisch
• Abmessung: 220mm x 150mm x 10mm
• Gewicht: 218g
• ISBN-13: 9783659171475
• ISBN-10: 3659171476
• Artikelnr.: 36135723

Autorenporträt

Ayele Mamo Tesfaye, BA: studied Accounting at Jimma University and MSc: studied Finance and Investment at Mekelle University.Working at Jimma university, College of Business and Economics, Department of Accounting as a lecturer., Jimma, Ethiopia.