Privatization, intermediation and performance: global evidence

Doug Dyer (), Majdi Quttainah () and Pengfei Ye ()

Eurasian Economic Review, 2015, vol. 5, issue 2, 207-229

Abstract: This study compares the performances of privatized banks from 43 countries during 1992–2007 by using two matching theories, Nearest-Neighbor Matching and Mahalanobis Metric Matching. The evidence demonstrates the following: first, the privatized banks outperform non-privatized banks in terms of return on equity, net interest margin and non-performance loan but are tied in terms of return on asset; second, in most cases, full privatization is more effective than partial privatization in improving bank performance; third, the results demonstrate that privatization through asset sales yield a better performance. Copyright Eurasia Business and Economics Society 2015

Keywords: Matching theories; Privatization; Full and partial privatization; Asset sales; Share issue privatization; C21; G21; G28 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:spr:eurase:v:5:y:2015:i:2:p:207-229

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DOI: 10.1007/s40822-015-0034-5

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