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Keywords: Privatization
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Journal Articles
State Ownership and Debt Structure
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Journal:
Review of Corporate Finance
Review of Corporate Finance (2021) 1 (1-2): 223–257.
Published: 29 April 2021
...Narjess Boubakri; Ruiyuan (Ryan) Chen; Sadok El Ghoul; Omrane Guedhami We provide the first firm-level evidence of the relation between state ownership and debt structure. Using an international sample of newly privatized firms (NPFs) from 76 countries over the 1998–2017 period, we find that state...
