The Survey Role of Transference of State-Owned Companies to Increase Their Profitability and Return

Document Type : Research Paper

10.22111/jmr.2011.647

Abstract

Privatization has become an important phenomenon in both developed and developing countries. This process Provide a change in the balance between governance-market, so it leaves effects in the long run, and given that the main aim of privatization to increase efficiency and improve financial performance and return of stock's corporate, Hence privatization can be considered as one of the conceivable solutions for economic problems. This study reviews the relationship between privatization and increased profitability and return transferred companies. The data were obtained from the annual financial reports of  ISOC in a period of six years before and six years after privatization .To  test the hypotheses was used of pair sample tests(pre-post test. The findings revealed that significant relationship between privatization process and financial performance. , in fact after analysis of hypothesis was determined, that about profitability ratios with certainty 95 percent of long-term financial performance transferred companies is better than before. And also the results second main hypothesis, were confirmed with 95 percent.

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References

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