MAB625 - STATE-OWNED ENTERPRISES and PRIVATIZATION
| Course Name | Code | Semester | Theory (hours/week) |
Application (hours/week) |
Credit | ECTS |
|---|---|---|---|---|---|---|
| STATE-OWNED ENTERPRISES and PRIVATIZATION | MAB625 | 1st Semester | 3 | 0 | 3 | 6 |
| Prequisites | None | |||||
| Course language | Turkish | |||||
| Course type | Elective | |||||
| Mode of Delivery | Face-to-Face | |||||
| Learning and teaching strategies | Lecture Discussion | |||||
| Instructor (s) | Department members | |||||
| Course objective | To discuss the dynamics behind the establishment of state-owned enterprises; To evaluate the reasons of establishment and working of Turkish state-owned enterprises and the porpose, means and results of privatisation in Turkey. | |||||
| Learning outcomes |
| |||||
| Course Content | The reasons of establishment of state-owned enterprises The performance and purpose of state-owned enterprises The rules of investment and pricing of state-owned enterprises Reforms of state-owned enterprises Implementation of liberalisation and privatization Conduct of state control policy and privatization in Turkey | |||||
| References | Sugden, R. (1989). `Spontaneous Order? Hayek,F. (1945). `The Use of Knowledge in Society? Alchian,A. (1972). `Production, Information Costs and Economic Organization? Kornai, J. (1990). `The Affinity Between Ownership Forms and Mechanisms: The Common Exprience of Reform in Socialist Countries? Shepherd, W. (1984). `Contestability and Competition? Kikeri, S, J. Nellis, W. Shirley. (1992). `Privatization: The Lesson of Experience ?World Bank, Washington D.C? Ramamurti, R. (1992). `Why are Developing Countries Privatizing?? Filatotchev, I, M. Wright, Klaus Uhlenbruck, Laszlo Tihanyi, Robert E. Hoskisson. (2003). `Governance, Organizational Capabilities and Restructing in Transition Economies? Boubakri, N, J. Cosset, O. Guedhami. (2004). `Liberalization, Corporate Governance and the Performance of Privatized Firms in Developing Countries? D?Souza, J., W. Megginson, R. Nash. (2005). `The Effect of Institutional and Firm-Spesific Characteristics on Post-Privatization Performance | |||||
Course outline weekly
| Weeks | Topics |
|---|---|
| Week 1 | The mechanisms of transmission of information |
| Week 2 | Production process and costs of information |
| Week 3 | Economic enterprice types |
| Week 4 | Relationship between property and performance |
| Week 5 | Types of markets: Contestability and competition |
| Week 6 | Midterm |
| Week 7 | The purpose and process of reform |
| Week 8 | Liberalization and regulation |
| Week 9 | Privatization methods |
| Week 10 | Privatization of natural monopolies |
| Week 11 | Midterm |
| Week 12 | Dynamics of privatization in developed countries |
| Week 13 | Dynamics of privatization in developing countries |
| Week 14 | Dynamics of privatization in transition economies |
| Week 15 | Final |
Assesment methods
| Course activities | Number | Percentage |
|---|---|---|
| Attendance | 0 | 0 |
| Laboratory | 0 | 0 |
| Application | 0 | 0 |
| Field activities | 0 | 0 |
| Specific practical training | 0 | 0 |
| Assignments | 0 | 0 |
| Presentation | 1 | 15 |
| Project | 0 | 0 |
| Seminar | 0 | 0 |
| Midterms | 2 | 30 |
| Final exam | 1 | 55 |
| Total | 100 | |
| Percentage of semester activities contributing grade succes | 3 | 45 |
| Percentage of final exam contributing grade succes | 1 | 55 |
| Total | 100 | |
WORKLOAD AND ECTS CALCULATION
| Activities | Number | Duration (hour) | Total Work Load |
|---|---|---|---|
| Course Duration (x14) | 14 | 3 | 42 |
| Laboratory | 0 | 0 | 0 |
| Application | 0 | 0 | 0 |
| Specific practical training | 0 | 0 | 0 |
| Field activities | 0 | 0 | 0 |
| Study Hours Out of Class (Preliminary work, reinforcement, ect) | 14 | 3 | 42 |
| Presentation / Seminar Preparation | 1 | 40 | 40 |
| Project | 0 | 0 | 0 |
| Homework assignment | 0 | 0 | 0 |
| Midterms (Study duration) | 1 | 26 | 26 |
| Final Exam (Study duration) | 1 | 30 | 30 |
| Total Workload | 31 | 102 | 180 |
Matrix Of The Course Learning Outcomes Versus Program Outcomes
| D.9. Key Learning Outcomes | Contrubition level* | ||||
|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | |
| 1. The student deepens the knowledge acquired at the undergraduate level in its own field or in a different field, and explains the interaction between fields. | X | ||||
| 2. The student has knowledge and interpretation skills about economic and fiscal phases of societies and relations between societies. | X | ||||
| 3. The student has researching, planning and realization skills which are necessary for his/her field. | X | ||||
| 4. The student has the knowledge he/she must reach by processing data, at a theoretical level. | X | ||||
| 5. The student can solve a problem in his/her field as an individual and within a team, being aware of leadership responsibility. | X | ||||
| 6. The student can prepare reports and works in accordance with academic rules in the light of the knowledge he/she acquired in his/her field. | X | ||||
| 7. For problems he/she identified in his/her field, he/she makes suggestions of solution and/or solutions by using researh methods. | X | ||||
| 8. . The student can direct his/her education to a higher education program or a professÅŸon in his/her field. | X | ||||
| 9. The student is aware of the cotinuity of education and learning. He/she has a open attitude towards change and innovation. | X | ||||
| 10. The student can transfer fundamental knowledge he/she has in his/her field in a written and spoken manner to interested parties. | X | ||||
| 11. The student has the sufficient level of awareness of social rights, social justice, quality and cultural values environment protection, business health and security. | X | ||||
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest