Corporatization and Flotation

This chapter is devoted to a detailed description and analysis of case companies’ corporatization process. This chapter, combined with the literature review in Chapter 2, addresses the first research question of how case companies were corporatized and the corporatization processes. The chapter also sets up a broad context of institutional ownership change for Chapter 5 to address the second and third research questions. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.