Performance gains through privatization and competition of Asian telecommunications.

From: ASEAN Economic Bulletin | Date: December 1, 2002| Author: | Copyright information

This paper investigates the relative performance of three Asian telecommunication firms--Nippon Telegraph and Telephone Company (NTT), Telekom Malaysia (TM), and Philippine Long Distance Telephone Company (PLDT)--after the adoption of both privatization and competition reforms from the mid-1980s to the early 1990s. Privatization is justified as a restructuring method (change in ownership) to improve the accounting-cum-financial performance of state-owned and state-operated firms, which is distinct from competition or liberalization of an industry. Hence the maintained hypothesis is tested ...

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