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

Authors

  • Nazakat Ali PhD (Business Administration), Department of Business Administration, Iqra University Islamabad Campus, Pakistan
  • Muhammad Bilal PhD (Business Administration), Department of Business Administration, Iqra University Islamabad Campus, Pakistan
  • Salman Ali Qureshi Assistant Professor, Department of Business Administration, Allama Iqbal Open University Islamabad
  • Naveed Toru Assistant Professor, Department of Management Sciences, Qurtuba University of Science and Information Technology, Peshawar
  • Asif Mehmood Rana Federal Urdu University of Arts, Science & Technology Islamabad

Keywords:

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

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.

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Published

31.12.2020