Privatisation and Corporate Governance: An Overview

Melvin Ayogu () and Augustin Fosu ()

Journal of African Economies, 2002, vol. 11, issue suppl_1, 1-9

Abstract: Over 2,700 public enterprises had been divested in Africa by 1997 as part of the structural adjustment programmes embarked on by many African countries. The degree of success of these privatisations will depend in great part on the nature of corporate governance. This article presents an overview of the papers appearing in the present issue on these twin subjects of privatisation and corporate governance. The overview covers (i) the institutional framework and the desirability of privatisation, (ii) international evidence on corporate governance, with implications for developing countries, (iii) lessons from transition economies on privatisation and corporate governance and (iv) the operating and financial performance of newly privatised firms in developing countries, with a focus on a sample of African firms. Copyright 2002 , Oxford University Press.

Date: 2002
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1093/jafeco/11.suppl_1.1 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:jafrec:v:11:y:2002:i:suppl_1:p:1-9

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Journal of African Economies is currently edited by Francis Teal

More articles in Journal of African Economies from Centre for the Study of African Economies Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK. Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().