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Publication Details
AFRICAN RESEARCH NEXUS
SHINING A SPOTLIGHT ON AFRICAN RESEARCH
economics, econometrics and finance
Privatisation and corporate governance: An overview
Journal of African Economies, Volume 11, No. 1, Year 2002
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Description
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. © Oxford University Press 2002.
Authors & Co-Authors
Ayogu, Melvin D.
South Africa, Cape Town
University of Cape Town
Fosu, Augustin
South Africa
African Economic Research Consortium
Statistics
Citations: 2
Authors: 2
Affiliations: 2
Identifiers
Doi:
10.1093/jafeco/11.suppl_1.1
ISSN:
09638024
Research Areas
Health System And Policy