The Financial Performance and Macrofinancial Implications of Large State-Owned Enterprises in Sub-Saharan Africa / Torsten Wezel, Naly Carvalho.
Using a newly-compiled dataset of state-owned enterprises in Sub-Saharan Africa, we present aggregate information about profitability, liquidity and leverage. We find that 40 percent of the close to 300 surveyed SOEs are unprofitable, while larger firms also tend to be illiquid and overleveraged. In...
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Full Text (via IMF e-Library) |
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| Format: | eBook |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2022.
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| Series: | IMF working paper ;
WP/2022/056. |
| Subjects: |