Thesis (M.S.I.S.)--Baylor University, 2006. / Includes bibliographical references (p. 49).

published_or_final_version / Business Administration / Master / Master of Business Administration

This thesis examines the relationship between methods of privatization of State-Owned Enterprises (SOEs), organizational change and performance.  It explores the organizational “black box” between privatization and performance to look at the way privatization affects firm performance through the internal changes within organizations in a developing country (Egypt) context. This thesis develops an integrated theoretical model and examines the impact of privatization methods on a subset of the organizational variables in the Model of Organizational Performance and Change (Burke and Litwin, 1992), namely: management practices, organizational climate, and organizational performance, which are believed to affect the way privatization impacts upon either positively, or negatively, the internal environment of the firm. The theoretical model was validated in a single cross-sectional empirical study of 199 participants. Of the 15 hypotheses in this study, 12 were supported and 3 were not. There were statistical differences among the post-privatization performance of former SOEs according to their method of privatization.  The thesis adds knowledge about the reasons why privatization can produce mixed outcomes and how post-privatization performance is complex and depends on factors outside and inside organizations.  It is reasonable to suggest that privatization success of failure is a function of the method of privatization used, the degree of concentration of ownership, the degree of restructuring, and the deregulation and liberalization of the economic environment. Results add further evidence to support the view that the benefits of privatization are not merely a consequence of transferring ownership of SOEs to private parties.  Privatization is most effective when followed by a major internal transformation. The simplest and most effective way to facilitate post-privatization organizational changes is to replace the top management team. This tends to create new management practices that the SOEs did not have.

M.A. / Prof. D.J. Geldenhuys

This research essay is intended to examine the link between privatization and development in Thailand . It found that privatization in Thailand can come in many forms. The government has tried to bring the private sector to participate in infrastructural development to help relieve the government's financial burdens. But it appeared that privatization still has a small role in national development through infrastructural development This is because the government does not have a clear policy to define the role of the private sector and the public sector in this issue. In addition , Thailand's experience in bringing the private sector to participate in infrastructural development through the methods such as BTO(build-transfer-operate) and BOT(build-operate-transfer) has caused many problems which have had an adverse effect on many projects. The paper found that the state still retains its role as the developmental state . This can be seen from the fact that the state has no intention to divest state enterprises which it considers as important. Furthermore, state enterprises will continue to play a major role in national development . However, the trend of state enterprises in Thailand will move towards corporatization and commercialization in which more state enterprises will change their status to state-owned companies and focus on commercialization with a view to increasing their efficiency through competition with the private sector.

Thesis (Ph. D.)--University of Hong Kong, 2005. / Also available in print.

Thesis (Ph. D.)--University of Texas at Austin, 2006. / Vita. Includes bibliographical references.

In this paper, we will construct a quantity-setting mixed duopoly market model, in which a individual enterprise and a privatization public enterprise. Two enterprises carry out Cournot competition, in order to analyse the economic result of privatization. The traditional economic theory is supposed, the individual enterprise pursues the maximization of profits, and the public enterprise pursues the social welfare maximization. This text introduces the trade union in the model, consider how many shares the government should hold the privatization public enterprise. If the privatization policy needs to pass the negotiation of trade union, we can make use of union-firm bargaining to analyse this problem. We find no matter complete privatization(government does not hold any shares) or the complete nationalization is not all the optimal market structure under privatization. In the past literatures, privatization perhaps can not improve the social welfare. We discover the result that if the strength of trade union change from strong to weak under the privatization policy, then the social welfare may be improved.

Abstract This thesis studied the choices of different operation models of CPC (Chunghwa Post Co. Ltd): Privatization, Public Corporatization, or Enterprise? As the society becomes more diversified and globalized, people are becoming dissatisfied about the inactive and low efficient executive departments. The government property is becoming poor while the power of enterprises grows. In consideration of the limited resources, privatization has become the main trend of the Government restructure motion in many countries from the 1980s. Following this trend, the Government works hard to draw up the policy, and depend on the private departments, carries out the policy to provide the public service. Meanwhile, the need for communication securities and privacy concerns seem to be more important to the general public. Because it develops very rapidly and possibly leads to social class clashes, people wish to know about how the postal service has evolved. People want the postal service to be more efficient to bring their functions to full potential. As a result, many more Postal service systems of different kinds have come into existence. The same scenario applies to Taiwan. The Government wants to reorganize the administrative organizations such as the CPC. Their operation model has supposedly been ¡§outsourcing¡¨, ¡§corporatization¡¨, ¡§deregulation¡¨ or ¡§decentralization¡¨, if they are less connected with the public power. The Government hopes to improve the efficiency of the CPC, because these choices could remove its constraints. On the other hand, many believe that, if the Post decides to contract out, the Government would elude her responsibilities about the public service. Therefore it is very crucial that CPC chooses the appropriate operation model. This thesis first gathered related documents and introduced theories of Privatization, Enterprising, and Public corporatization and their experiences worldwide. In addition, the background of CPC and a synopsis of its organizational structure, mission, and current operation status are included. After researching the related industry and compared with the other competitors, the table of globalism analysis showed that CPC has innovative power and a wonderful staff who combine their work with a mission in mind. But they should be released from rigid constraints of the public system to work more smartly. Furthermore, the facilities could be located in Taiwan, but they still have some logistic issues needed for further study. Therefore, joining the public with a privately-owned enterprise to operate CPC would be the best choice.

In the past decade, the banking industry in Taiwan has faced growing competitions. Since the government announced ¡§the Commercial Bank Establishment Promotion Decree¡¨ with the object of opening up the bank market further in 1991, the deregulation of Taiwan's banking sector and the introduction of new private banks make the bank market more competitive. Moreover, with the approval of ¡§The Financial Institutions Merger Law¡¨ and ¡§The Financial Holding Company Act¡¨ in 2000 and 2001, the Ministry of Finance (MOF) has endeavored to make critical financial reforms to consolidate the financial market, to encourage financial innovation, and to establish a financial management system in accordance with international norms and standards. In addition, some of the state-owned banks are privatized to improve operational efficiency as well as competitive strength in recent years; the banking industry has faced a dramatic change of structure. However, the Land Bank of Taiwan is recommended to privatize at the end of 2006, it remains as a problem how the bank should keep its competitiveness advantages and take reform measures tie in the privatizing process. Firstly, the thesis is going to analyze the changes in both domestic and foreign financial environment, examining the operational condition of The Land Bank of Taiwan, as well as doing literature reviews about privatization, strategy, and organizational change. Then, distribute questionnaires is distributed to managers in the Land Bank of Taiwan; a conference is held with experts in banking and managers in the bank. Finally, the previous information will be integrated to scheme out the ideal suggestions about competitive strategies, business strategies, and organizational change after privatization for the Land Bank of Taiwan as a reference.