Measuring efficiency, productivity and financial performance of Libyan manufacturing firms pre and post privatization / Mohamed Saad Mohamed Abokaresh

This study examines the effect of privatization on technical efficiency, productivity and financial performance of 21 Libyan manufacturing firms from 2000 to 2008, and captures also the pre and post privatization effects of those measures, by applying the Frontier Data Envelopment Analysis (DEA) tec...

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Main Author:	Mohamed Abokaresh, Mohamed Saad
Format:	Book Section
Language:	English
Published:	Institute of Graduate Studies, UiTM 2013
Subjects:	Balance sheets. Financial statements. Including corporation reports. Financial reporting. Financial disclosure
Online Access:	http://ir.uitm.edu.my/id/eprint/19068/ http://ir.uitm.edu.my/id/eprint/19068/1/ABS_MOHAMED%20SAAD%20MOHAMED%20ABOKARESH%20TDRA%20VOL%203%20IGS%2013.pdf

id	uitm-19068
recordtype	eprints
spelling	uitm-190682018-06-08T02:48:31Z http://ir.uitm.edu.my/id/eprint/19068/ Measuring efficiency, productivity and financial performance of Libyan manufacturing firms pre and post privatization / Mohamed Saad Mohamed Abokaresh Mohamed Abokaresh, Mohamed Saad Balance sheets. Financial statements. Including corporation reports. Financial reporting. Financial disclosure This study examines the effect of privatization on technical efficiency, productivity and financial performance of 21 Libyan manufacturing firms from 2000 to 2008, and captures also the pre and post privatization effects of those measures, by applying the Frontier Data Envelopment Analysis (DEA) technique. Comparisons are also made meaningful by separating the firms into two ownership structures: state owned and fully privatized. As we are also assessing the pre and post privatization effects, the Wilcoxon Matched-Pairs Signed Rank Test is used to test for independence between-subjects designs. Technical efficiency scores of all manufacturing firms before and after privatization are computed using the input-oriented DEA model, proven to be suitable for determining technical efficiency. The findings from the analysis show that 42.9 per cent of the entire firms operate above average and 57.1 per cent operate below the average score. However, no firm has scored full efficiency (TE = 1.00). Even though the findings show an overall improvement in technical efficiency of 12.8 per cent, this is not consistent with the privatization theory. In evaluating the ownership types for pre and post privatization, the findings reveal that fully privatized firms are more efficient after privatization, implying better performance than state control firms. In terms of the Total Factor Productivity analysis, the findings show that the productivity of 16 (76.19 per cent) firms out of 21 firms decline after privatization… Institute of Graduate Studies, UiTM 2013 Book Section PeerReviewed text en http://ir.uitm.edu.my/id/eprint/19068/1/ABS_MOHAMED%20SAAD%20MOHAMED%20ABOKARESH%20TDRA%20VOL%203%20IGS%2013.pdf Mohamed Abokaresh, Mohamed Saad (2013) Measuring efficiency, productivity and financial performance of Libyan manufacturing firms pre and post privatization / Mohamed Saad Mohamed Abokaresh. In: The Doctoral Research Abstracts. IPSis Biannual Publication, 3 (3). Institute of Graduate Studies, UiTM, Shah Alam.
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	Balance sheets. Financial statements. Including corporation reports. Financial reporting. Financial disclosure
spellingShingle	Balance sheets. Financial statements. Including corporation reports. Financial reporting. Financial disclosure Mohamed Abokaresh, Mohamed Saad Measuring efficiency, productivity and financial performance of Libyan manufacturing firms pre and post privatization / Mohamed Saad Mohamed Abokaresh
description	This study examines the effect of privatization on technical efficiency, productivity and financial performance of 21 Libyan manufacturing firms from 2000 to 2008, and captures also the pre and post privatization effects of those measures, by applying the Frontier Data Envelopment Analysis (DEA) technique. Comparisons are also made meaningful by separating the firms into two ownership structures: state owned and fully privatized. As we are also assessing the pre and post privatization effects, the Wilcoxon Matched-Pairs Signed Rank Test is used to test for independence between-subjects designs. Technical efficiency scores of all manufacturing firms before and after privatization are computed using the input-oriented DEA model, proven to be suitable for determining technical efficiency. The findings from the analysis show that 42.9 per cent of the entire firms operate above average and 57.1 per cent operate below the average score. However, no firm has scored full efficiency (TE = 1.00). Even though the findings show an overall improvement in technical efficiency of 12.8 per cent, this is not consistent with the privatization theory. In evaluating the ownership types for pre and post privatization, the findings reveal that fully privatized firms are more efficient after privatization, implying better performance than state control firms. In terms of the Total Factor Productivity analysis, the findings show that the productivity of 16 (76.19 per cent) firms out of 21 firms decline after privatization…
format	Book Section
author	Mohamed Abokaresh, Mohamed Saad
author_facet	Mohamed Abokaresh, Mohamed Saad
author_sort	Mohamed Abokaresh, Mohamed Saad
title	Measuring efficiency, productivity and financial performance of Libyan manufacturing firms pre and post privatization / Mohamed Saad Mohamed Abokaresh
title_short	Measuring efficiency, productivity and financial performance of Libyan manufacturing firms pre and post privatization / Mohamed Saad Mohamed Abokaresh
title_full	Measuring efficiency, productivity and financial performance of Libyan manufacturing firms pre and post privatization / Mohamed Saad Mohamed Abokaresh
title_fullStr	Measuring efficiency, productivity and financial performance of Libyan manufacturing firms pre and post privatization / Mohamed Saad Mohamed Abokaresh
title_full_unstemmed	Measuring efficiency, productivity and financial performance of Libyan manufacturing firms pre and post privatization / Mohamed Saad Mohamed Abokaresh
title_sort	measuring efficiency, productivity and financial performance of libyan manufacturing firms pre and post privatization / mohamed saad mohamed abokaresh
publisher	Institute of Graduate Studies, UiTM
publishDate	2013
url	http://ir.uitm.edu.my/id/eprint/19068/ http://ir.uitm.edu.my/id/eprint/19068/1/ABS_MOHAMED%20SAAD%20MOHAMED%20ABOKARESH%20TDRA%20VOL%203%20IGS%2013.pdf
first_indexed	2023-09-18T23:01:46Z
last_indexed	2023-09-18T23:01:46Z
_version_	1777418220940034048

Measuring efficiency, productivity and financial performance of Libyan manufacturing firms pre and post privatization / Mohamed Saad Mohamed Abokaresh

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