The dynamic effects of privatisation on the performance of privatised banks and the role of economic, political, and institutional factors: empirical evidence from OECD and MENA countries

Makram Nouaili

Afro-Asian Journal of Finance and Accounting2026https://doi.org/10.1504/aajfa.2026.152396article
ABDC C
Weight
0.50

What the paper says

This study examines the post-privatisation performance of 87 banks in OECD and MENA countries, while identifying the various factors that may influence the privatisation-performance relationship. By using the seemingly unrelated regressions (SUR) model, the results show that in the post-privatisation period, performance slightly decreases in the MENA region. However, over time, privatisation yields significant improvements in the performance of privatised banks in OECD countries. The results also show that the economic and organisational circumstances and the political and institutional environment in which privatised banks operate affect the privatisation-performance relationship. Our results support, therefore, that the factor of private-public ownership must be differentiated from the other factors that also influence the effect of privatisation on the performance of privatised banks.

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https://doi.org/https://doi.org/10.1504/aajfa.2026.152396

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@article{makram2026,
  title        = {{The dynamic effects of privatisation on the performance of privatised banks and the role of economic, political, and institutional factors: empirical evidence from OECD and MENA countries}},
  author       = {Makram Nouaili},
  journal      = {Afro-Asian Journal of Finance and Accounting},
  year         = {2026},
  doi          = {https://doi.org/https://doi.org/10.1504/aajfa.2026.152396},
}

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.