Privatization Modalities and Business Valuation: An Ethiopian Focus

Fentaw Leykun

doi:doi:10.11648/j.jim.20200901.13

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Privatization Modalities and Business Valuation: An Ethiopian Focus

Fentaw Leykun

Published in Journal of Investment and Management (Volume 9, Issue 1)

Received: 24 July 2019 Accepted: 7 January 2020 Published: 4 February 2020

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Abstract

This paper has been ignited as a result of the current privatization movement by the Ethiopian government straight away as soon as the new prime minister comes into the position. The main motive of the government, behind the decision to privatize public enterprise to the local and foreign investor, was, inter alia, to limit government’s participation in the manufacturing and service sectors of the economy so as to transfer the scarce resources from owned by inefficient public sector enterprises to efficient private entrepreneurs and to re-deploy such resources in higher prioritize and efficient private enterprises and to meet poverty reduction programs in a given economy, and thereby increase foreign exchange and alleviate the problem of good governance. In line with this agenda, various privatization modalities, theoretical debates, and arguments on such a privatization, and the various business valuation approaches have been critically reviewed via considering the current political and economic conditions of the country, and finally, contextual privatization strategies and business valuation methods have been implied at least to fairly redistribute wealth, institutionalize stock market and mitigate the common mistakes in the process of privatization of such public companies.

Published in	Journal of Investment and Management (Volume 9, Issue 1)
DOI	10.11648/j.jim.20200901.13
Page(s)	12-26
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2020. Published by Science Publishing Group

Keywords

Privatization Modalities, Privatization Strategies, Business Valuation, Mass Privatization, Conventional Privatization

References

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APA Style

Fentaw Leykun. (2020). Privatization Modalities and Business Valuation: An Ethiopian Focus. Journal of Investment and Management, 9(1), 12-26. https://doi.org/10.11648/j.jim.20200901.13

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ACS Style

Fentaw Leykun. Privatization Modalities and Business Valuation: An Ethiopian Focus. J. Invest. Manag. 2020, 9(1), 12-26. doi: 10.11648/j.jim.20200901.13

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AMA Style

Fentaw Leykun. Privatization Modalities and Business Valuation: An Ethiopian Focus. J Invest Manag. 2020;9(1):12-26. doi: 10.11648/j.jim.20200901.13

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@article{10.11648/j.jim.20200901.13,
  author = {Fentaw Leykun},
  title = {Privatization Modalities and Business Valuation: An Ethiopian Focus},
  journal = {Journal of Investment and Management},
  volume = {9},
  number = {1},
  pages = {12-26},
  doi = {10.11648/j.jim.20200901.13},
  url = {https://doi.org/10.11648/j.jim.20200901.13},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jim.20200901.13},
  abstract = {This paper has been ignited as a result of the current privatization movement by the Ethiopian government straight away as soon as the new prime minister comes into the position. The main motive of the government, behind the decision to privatize public enterprise to the local and foreign investor, was, inter alia, to limit government’s participation in the manufacturing and service sectors of the economy so as to transfer the scarce resources from owned by inefficient public sector enterprises to efficient private entrepreneurs and to re-deploy such resources in higher prioritize and efficient private enterprises and to meet poverty reduction programs in a given economy, and thereby increase foreign exchange and alleviate the problem of good governance. In line with this agenda, various privatization modalities, theoretical debates, and arguments on such a privatization, and the various business valuation approaches have been critically reviewed via considering the current political and economic conditions of the country, and finally, contextual privatization strategies and business valuation methods have been implied at least to fairly redistribute wealth, institutionalize stock market and mitigate the common mistakes in the process of privatization of such public companies.},
 year = {2020}
}

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TY  - JOUR
T1  - Privatization Modalities and Business Valuation: An Ethiopian Focus
AU  - Fentaw Leykun
Y1  - 2020/02/04
PY  - 2020
N1  - https://doi.org/10.11648/j.jim.20200901.13
DO  - 10.11648/j.jim.20200901.13
T2  - Journal of Investment and Management
JF  - Journal of Investment and Management
JO  - Journal of Investment and Management
SP  - 12
EP  - 26
PB  - Science Publishing Group
SN  - 2328-7721
UR  - https://doi.org/10.11648/j.jim.20200901.13
AB  - This paper has been ignited as a result of the current privatization movement by the Ethiopian government straight away as soon as the new prime minister comes into the position. The main motive of the government, behind the decision to privatize public enterprise to the local and foreign investor, was, inter alia, to limit government’s participation in the manufacturing and service sectors of the economy so as to transfer the scarce resources from owned by inefficient public sector enterprises to efficient private entrepreneurs and to re-deploy such resources in higher prioritize and efficient private enterprises and to meet poverty reduction programs in a given economy, and thereby increase foreign exchange and alleviate the problem of good governance. In line with this agenda, various privatization modalities, theoretical debates, and arguments on such a privatization, and the various business valuation approaches have been critically reviewed via considering the current political and economic conditions of the country, and finally, contextual privatization strategies and business valuation methods have been implied at least to fairly redistribute wealth, institutionalize stock market and mitigate the common mistakes in the process of privatization of such public companies.
VL  - 9
IS  - 1
ER  -

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Author Information

Fentaw Leykun

Department of Accounting and Finance, College of Business and Economics, Bahir-Dar University, Bahir-Dar, Ethiopia

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APA Style

Fentaw Leykun. (2020). Privatization Modalities and Business Valuation: An Ethiopian Focus. Journal of Investment and Management, 9(1), 12-26. https://doi.org/10.11648/j.jim.20200901.13

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ACS Style

Fentaw Leykun. Privatization Modalities and Business Valuation: An Ethiopian Focus. J. Invest. Manag. 2020, 9(1), 12-26. doi: 10.11648/j.jim.20200901.13

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AMA Style

Fentaw Leykun. Privatization Modalities and Business Valuation: An Ethiopian Focus. J Invest Manag. 2020;9(1):12-26. doi: 10.11648/j.jim.20200901.13

Copy | Download

@article{10.11648/j.jim.20200901.13,
  author = {Fentaw Leykun},
  title = {Privatization Modalities and Business Valuation: An Ethiopian Focus},
  journal = {Journal of Investment and Management},
  volume = {9},
  number = {1},
  pages = {12-26},
  doi = {10.11648/j.jim.20200901.13},
  url = {https://doi.org/10.11648/j.jim.20200901.13},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jim.20200901.13},
  abstract = {This paper has been ignited as a result of the current privatization movement by the Ethiopian government straight away as soon as the new prime minister comes into the position. The main motive of the government, behind the decision to privatize public enterprise to the local and foreign investor, was, inter alia, to limit government’s participation in the manufacturing and service sectors of the economy so as to transfer the scarce resources from owned by inefficient public sector enterprises to efficient private entrepreneurs and to re-deploy such resources in higher prioritize and efficient private enterprises and to meet poverty reduction programs in a given economy, and thereby increase foreign exchange and alleviate the problem of good governance. In line with this agenda, various privatization modalities, theoretical debates, and arguments on such a privatization, and the various business valuation approaches have been critically reviewed via considering the current political and economic conditions of the country, and finally, contextual privatization strategies and business valuation methods have been implied at least to fairly redistribute wealth, institutionalize stock market and mitigate the common mistakes in the process of privatization of such public companies.},
 year = {2020}
}

Copy | Download

TY  - JOUR
T1  - Privatization Modalities and Business Valuation: An Ethiopian Focus
AU  - Fentaw Leykun
Y1  - 2020/02/04
PY  - 2020
N1  - https://doi.org/10.11648/j.jim.20200901.13
DO  - 10.11648/j.jim.20200901.13
T2  - Journal of Investment and Management
JF  - Journal of Investment and Management
JO  - Journal of Investment and Management
SP  - 12
EP  - 26
PB  - Science Publishing Group
SN  - 2328-7721
UR  - https://doi.org/10.11648/j.jim.20200901.13
AB  - This paper has been ignited as a result of the current privatization movement by the Ethiopian government straight away as soon as the new prime minister comes into the position. The main motive of the government, behind the decision to privatize public enterprise to the local and foreign investor, was, inter alia, to limit government’s participation in the manufacturing and service sectors of the economy so as to transfer the scarce resources from owned by inefficient public sector enterprises to efficient private entrepreneurs and to re-deploy such resources in higher prioritize and efficient private enterprises and to meet poverty reduction programs in a given economy, and thereby increase foreign exchange and alleviate the problem of good governance. In line with this agenda, various privatization modalities, theoretical debates, and arguments on such a privatization, and the various business valuation approaches have been critically reviewed via considering the current political and economic conditions of the country, and finally, contextual privatization strategies and business valuation methods have been implied at least to fairly redistribute wealth, institutionalize stock market and mitigate the common mistakes in the process of privatization of such public companies.
VL  - 9
IS  - 1
ER  -

Copy | Download