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Since privatization – and the changes in management, financial controls and regulation associated with it – these firms have been transformed. Most privatized companies were more profitable in real terms in1994 than in the year before they were sold Most had higher sales, and a higher share price than... 顯示更多 Since privatization – and the changes in management, financial controls and regulation associated with it – these firms have been transformed. Most privatized companies were more profitable in real terms in1994 than in the year before they were sold Most had higher sales, and a higher share price than in their first year after privatization.

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