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Post-privatisation performance effects of retained state control: the case of HalkBank
(Inderscience Publishers, 2013)
The theory suggests that privatisation produces marginal performance gains when states retain majority control or even sizable minority stakes in the privatised banks. This study analyses the case of HalkBank in which the ...
Do partially privatised banks lag behind in performance? A case study on VakifBank
(Inderscience Publishers, 2012)
This study analyses the privatisation of VakifBank in which the state (Turkey) retained majority control after the privatisation. In this context, the study compares post-privatisation financial performance of the bank ...