EMPIRICAL INVESTIGATION OF PRIVATIZATION PROCESS IN PAKISTAN: EVIDENCE FROM STATISTICAL EXPERIENCE

Nazakat Ali, Muhammad Bilal, Salman Ali Qureshi, Naveed Toru, Asif Mehmood Rana

Abstract


Why privatization processes fall short to deliver expected result in Pakistan. To answer this question, current study aims is to examine the privatization process in the Pakistan. The privatization process is dividing into four sections, privatization policy, buyer selection in the privatization process, assets evaluation and the factors affecting the development after privatization. The main objective of the study is to see the influence of development after privatization on the relationship between privatization policy, buyer selection in the privatization process, assets Evaluation and Privatization process improvement. Detailed survey based on the structured questionnaire is enquired through random sampling technique. Structured Equation Model (SEM) has been used for making an analysis. The finding of the study concludes that development process privatization mediates the between privatization policy, buyer selection in the privatization process, assets Evaluation and Privatization process improvement.  The findings of the study advocate that the privatization policy, buyer selection process, assets evaluation methods must be in line with the objective of government and line ministry. This effort may help for getting the optimum level of result from privatization process.


Keywords


Privatization Process, State-Owned Enterprises, Economic Reforms, Political Intervention

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Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Creative Commons License
Sarhad Journal of Management Sciences by Sarhad University of Science & Information Technology is licensed under a Creative Commons Attribution 4.0 International License.
Based on a work at suit.edu.pk