Strategic Requirements to Implement the Privatization Program in Iran

Abstract

Purpose

Privatization is one of the ways governments consider to dispense with the consequences of governmental economy in the economic reforms. One of the complex matters that governments face is decision-making in privatization and choosing policies and methods that move the country’s economy toward more efficiency. Considering the importance and complexity of this issue, taking a comprehensive strategic perspective by the policy makers seems necessary for establishing successful privatization.

Method

Article 44 of the Islamic Republic of Iran’s constitution is the foundation of its privatization program and this study specifies the strategic requirements in implementation of privatization based on the mentioned article and other legal documents. Iran Privatization Organization (IPO) is the single executor of the program and we surveyed all members of the statistical population of this study, including all experts, supervisors, managers, deputies, and senior advisers of IPO to collect the required information by a questionnaire with some questions including strategic thinking, requirements, and results.

To analyze the data, at first, validity and reliability of the collected data, then the correlation between strategic thinking and requirements were tested and all strategic requirements of privatization were prioritized. We used tests such as Cronbach’s Alpha, Pearson Correlation Coefficient, Linear Regression, and Friedman to perform the study.

Citation

Dolatabadi, M. and Forouzandeh, L. (2014), "Strategic Requirements to Implement the Privatization Program in Iran", The Developing Role of Islamic Banking and Finance: From Local to Global Perspectives (Contemporary Studies in Economic and Financial Analysis, Vol. 95), Emerald Group Publishing Limited, Leeds, pp. 163-180. https://doi.org/10.1108/S1569-3759(2014)0000095018