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dc.contributor.authorSimga-Mugan, C.en_US
dc.contributor.authorYüce, A.en_US
dc.date.accessioned2018-04-12T13:44:03Z
dc.date.available2018-04-12T13:44:03Z
dc.date.issued2003en_US
dc.identifier.issn1540-496X
dc.identifier.urihttp://hdl.handle.net/11693/38081
dc.description.abstractThis paper discusses the progress and success of the privatization programs in Turkey between 1985 and 1998. The paper discusses the legal developments, privatization methods, and performance of privatized companies and overall success of privatization by comparing the results of privatization with the aims and objectives stated initially. Within this framework, the paper presents the productivity increases or decreases in various privatized state enterprises, discusses the impact on stock market development, and the privatization revenues and cash results. Only 8.3 percent of the large state-owned enterprises have been privatized during this period. Net cash flow generated from the privatization process does not appear to be satisfactory, and the impact on the stock market and the economy is not very impressive. Turkey still needs to privatize its largest state-owned enterprises in order to realize the full effects of the privatization program.en_US
dc.language.isoEnglishen_US
dc.source.titleEmerging Markets Finance and Tradeen_US
dc.subjectDeveloping countryen_US
dc.subjectPrivatizationen_US
dc.subjectTurkeyen_US
dc.titlePrivatization in emerging markets: the case of Turkeyen_US
dc.typeArticleen_US
dc.departmentDepartment of Managementen_US
dc.citation.spage83en_US
dc.citation.epage110en_US
dc.citation.volumeNumber39en_US
dc.citation.issueNumber5en_US
dc.publisherRoutledgeen_US
dc.identifier.eissn1558-0938


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