Management Practices and the Partial Government Ownership of Firms in the Middle East and North Africa Region
A wealth of evidence has shown the positive effects of better management practices on firms. More recent evidence has highlighted that ownership matters for several developing and advanced economies. However, this relationship has not been studied...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2022
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/099519405102223959/IDU014e1092004c25043920aeff0b63da6b2febc http://hdl.handle.net/10986/37523 |
| Summary: | A wealth of evidence has shown the
positive effects of better management practices on firms.
More recent evidence has highlighted that ownership matters
for several developing and advanced economies. However, this
relationship has not been studied extensively for economies
in the Middle East and North Africa, a region where the
presence of the government in the productive sphere looms
large. This study contributes to this gap in the literature
by exploring how partial government ownership can influence
the management practices of medium and large formal firms in
the Middle East and North Africa. Using two waves of
Enterprise Surveys undertaken in 2013 and 2019/2020, the
evidence points at a negative relationship between partial
government ownership and management practices in the
developing Middle East and North Africa region. A subsample
of panel firms confirms these findings. Analysis conducted
for firms surveyed in Europe and Central Asia in the same
time frame does not show a similar negative relationship
between partial government ownership and management
practices, highlighting regional heterogeneity. |
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