TY  - JOUR
AB  - This paper builds upon the growing research on both privatization and entrepreneurship and provides a model to predict outcomes of privatization of state‐owned enterprises. Previous research has concentrated on the change in ownership as the principal driver of post‐privatization increases in firm performance and wealth creation. We suggest that structural conditions of the state‐owned enterprise and the privatization process, in combination with characteristics of the new owners, lead to performance changes because they determine the firm’s ability to transform from a state agency to an entrepreneurial organization.
VL  - 1
IS  - 2
SN  - 1536-5433
DO  - 10.1108/15365430380000525
UR  - https://doi.org/10.1108/15365430380000525
AU  - De Castro Julio O.
AU  - Uhlenbruck Klaus
PY  - 2003
Y1  - 2003/01/01
TI  - The Transformation Into Entrepreneurial Firms: Examining the Context of Privatization
T2  - Management Research: Journal of the Iberoamerican Academy of Management
PB  - MCB UP Ltd
SP  - 171
EP  - 184
Y2  - 2024/04/19
ER  -