Privatization-Related Working Papers and Published Articles
Available for Downloading
Professor William L. Megginson
You need Adobe Acrobat Reader 4.05 or greater to download the files from SSRN. Acrobat Reader 4 will do for the other pdf files.
William L. Megginson and Jeffry M. Netter.
From State to Market: A Survey of Empirical Studies on Privatization
Forthcoming, Journal of Economic Literature. Paper sponsored by the New York Stock Exchange and the Paris Bourse for presentation at the “Global Equity Markets” Conference, Paris, December 1998. Current draft November 2000.
William L. Megginson
"Appendix Detailing Share Issue Privatization Offerings, 1961-2000"
Steven L. Jones, William L. Megginson, Robert C. Nash, and Jeffry M. Netter.
Share Issue Privatization as Financial Means to Political and Economic Ends
Journal of Financial Economics (August 1999).
Juliet D’Souza and William L. Megginson.
The Financial and Operating Performance of Privatized Firms During the 1990s
Journal of Finance (August 1999).
William L. Megginson, Robert C. Nash, Jeffry M. Netter and Annette B. Poulsen
The Choice of Private versus Public Capital Markets: Evidence from Privatizations
Under journal review (October 2001)
William L. Megginson and Maria K. Boutchkova
Privatization and the Rise of Global Capital Markets
Financial Management, Winter 2000
(this is the last version of the paper, the version on SSRN is
from last year and has the old title)
Appendix I. "Changes in Share Ownership by Individuals in Years Following a Privatizing Share Offering"
Bernardo Bortolotti, Juliet D'Souza, Marcella Fantini and William L. Megginson
Sources of Performance Improvement in Privatized Firms: A Clinical Study of the Global Telecommunications Industry
Under journal review (March 2001) and to be presented at the London Business School conference on the Global Telecommunications Industry, May 2001.
(leads to a download page on SSRN)
Juliet D'Souza, William Megginson, and Robert Nash
Determinants of Performance Improvements in Privatized Firms: The Role of Restructuring and Corporate Governance
Under journal review (March 2001) presented at 2001 American Finance Association 2001 annual meeting (New Orleans)
James A. Verbrugge, William L. Megginson, and Wanda L. Owens
State Ownership and the Financial Performance of Privatized Banks: An Empirical Analysis
Working paper (June 1999) presented at the World Bank/Federal Reserve Bank of Dallas Conference on Bank Privatization, Washington, DC, March 15 & 16, 1999. Published bt World Bank/FRBD.
William L. Megginson, Robert C. Nash, Jeffry M. Netter, and Adam L. Schwartz.
The Long Run Return to Investors in Share Issue Privatizations
Forthcoming, Financial Management (2000).
William Megginson
Think Again: Privatization
Foreign Policy (Spring 2000)
William L. Megginson, Robert C. Nash, and Matthias van Randenborgh.
The Financial and Operating Performance of Newly-Privatized Firms: An International Empirical Analysis
Journal of Finance (June 1994), pages 403-452. Winner, Smith Breeden Distinguished Paper Award for Outstanding Research published in the Journal of Finance in 1994. Abstract only.
William L. Megginson.
The Impact of Privatization
Economic Reform Today (April 1998), published by the Center for International Private Enterprise, Washington, D.C.
William L. Megginson and Jeffry M. Netter.
Equity to the People: The Record on Share Issue Privatization
Privatisation Yearbook 1997, pages 27-34. Published by Privatisation International (London).
