Among the mentioned countries, Hungary was better in terms of profitability, while the financial leverage of Czech companies showed an increase compared to the other two countries experienced a decline in lower yields.
Unlike in the case of developing and developed countries, privatized firms in this sample do not show significant improvements in profitability, investment in capital assets, performance and product. Most of these changes took place in transition period and the improvement more than two years became less after privatization.
In another words, it determines the extent of improvement arising from privatization. Mikhail believes that the profit which can predict future profit of cash flow of the institute has higher quality. For the conclusion it should be noted that there are many interest in the policy makers of Iran to privatize the state owned companies but the problem is the way of the privatization since, the results of many studies shows that there is not a significant difference between the companies before and after the privatization regarding to financial gains, performance, profitability, etc.
Researchers and professionals of accounting regarding the importance of profit as the major point in evaluating the performance and determining the value of company, needs to assess reported profit by economic units.
It also became clear that the privatization through the public offering, the gradual privatization and foreign ownership of local ownership instead of foreign ownership is an incentive for the financial and operational performance of the company after privatization.
That does not show any significant performance improvement for 6 years after privatization. The results show significant differences between criteria performances.
It is defined as the doing of the work by human, machine or the organization with less consumption of the resources. So the aim of this study is to evaluate the financial performance of companies after privatization.
Using this criterion to evaluate the performance of privatized firms in this study has been performed for the first time in Iran. Retrieved Sep 18 from https: Another study had been conducted by Muslumov in Turkey with title of financial and operational performance of privatized firms in Turkish cement industry.
By analyzing this information in the situation before and after privatization, the nature of the company can be understood during the transformation and measure the mentioned criteria. Statistical population and samples: Suitable ground for changing the profit and the assets-related conflicts of profit, and also due to some inherent accounting limitations such as deficiencies in the estimation process and future prediction, ability to use multiple methods of accounting has caused real profit of single case reported economically vary in financial benefits.
These researches also encompass a longer time range.
In another word the quality of assets is defined as sincere expressing the reported profit from the one which Mr. The results also represent that in findings of previous studies, the driving performances were observed with a smaller scope that may not be damaged by Skewed variables.
This information was extracted from audited financial statement of the companies. As the results of the study shows, significance level in the results of the study is above 0.
And the functional performance of the companies is different in the period after the privatization of state enterprises in comparison with the period before it. For this purpose, the effects of wide range of variables related to the firms on seven different aspects of performances were investigated.
One of them was comparison the mean and median of the indicators used in each test and the significance of changes between periods. It can be important for those researchers who in field of privatization.
The first hypothesis of the study was about the impact of privatization on functional performance of firms. And statistical data and information essential for testing hypothesis were collected through Tehran stock exchange. As mentioned in earlier studies, financial information of companies is one of these tools.
After the occurrence of events or causal which uses historical data of previous periods, financial and operational performances of companies before and after privatization have been compared. A sample was selected using available information.of privatization in higher education systems of the world and the growing variation of its forms and practices raise a set of complex questions for researchers, practitioners, and policymakers in education.
Political issue The sale of some of Statoil and the SDFI assets is a particularly touchy issue for Norway's government because on top of the fact that the oil company and the state's oil assets are entrenched in the Norwegian psyche they introduce a very real financial issue for the country.
The Comparative Analysis of the Financial Performance of Public Organizations before and after Transfer in the Tehran Stock Exchange (TSE) the privatization issue and the expansion of the private sector, the second phase of which was a large part of the public assets have been transferred to the private sector in.
privatization occurs when the government sells public assets to the private sector or when the government stops providing a service directly and relies on the private sector to deliver the service.
Ownership is the key distinction of privatization according to this focused definition of privatization. Journal of Business Valuation and Economic Loss Analysis Privatization and Financial Performance: Can Privatization is a transfer of assets (often in shares) from the government to Journal of Business Valuation and Economic Loss Analysis, Vol.
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1, Art. 1. Analysis of article on privatisation 6 Bibliography 7 FAISALABAD Privatization Privatization is a movement to deregulate private industry and/or transfer many government services, assets and functions to the private sector.
Classic Privatization: Total PRIVATIZATION IN INDIA: ISSUES AND EVIDENCE.Download