Sharif Digital Repository

Iranian Power industry has undergone fundamental changes since deregulation started in 2003. Currently, bulk trade of electricity in the industry is mainly conducted through a day ahead wholesale market, representing over 98 percent of the exchange of electricity within the grid. Although the current market regime is under operation for over 4 years, several political, cultural and operational obstacles have hindered effective evolution of the restructuring process. Low political support from privatization of the industry assets backed by lack of confidence and trust in market economies in general, and low economic incentive of the market players has slowed down formation of an effective... 

One of the major aims of privatization is increasing the productivity by transferring ownership to private sector. We would like to estimate this effect in selected state –owned firms. Analysis the productivity effect of privatization of Iranian firms that were initially state-owned will show the requirement of needy policies in management field of privatization to ratify and run the privatization policy faster base on academic estimate. We analyze the productivity effect of privatization using time series and cross search data (panel data) for 21 selected initially state-owned firms that are privatized in different industry with several observations pre and post privatization. Our goal is... 

In this thesis, performance of share stocks after Initial Public Offering has been investigated. According to the findings, underpricing and long-term underperformance phenomena have been witnessed in Tehran Stock Exchange and this conforms with the findings of researches in other markets. This study also showed that there is no meaningful difference between private and state-owned offerings in terms of short-term and long-term performance and, in disagreement with the results of similar studies in other stock markets, long-term return of state-owned offerings is less than market return in the same period. Furthermore, this study revealed that amongst various characteristics of offerings,... 

In recent years, due to restructuring in the electric power industry, distributed generation has become one of the most important subjects and DGs and renewable energy sources have been increasingly expected as a supplement and an alternative to a conventional large scale central power system. their success depends not only on the distribution of the available renewable energy sources in a region but also on the power grids connectable capacity in the area. Photovoltaic system is one of the best RESs for residential electricity supply because it is noiseless and solar power is widely available and households can use it via photovoltaic cells in their homes. There are two major problems... 

Traditionally, Iran was looking for development and either in era of oil revenues or before that, it has always faced serious mismatches in realization of plans and indiscipline of definition, allocation of development budgets, and sometimes national and foreign borrowing and in spite of defining development plans from 1971s, today, rare plans have been achieved in an acceptable and defendable manner, meanwhile, Iran’s Islamic Revolution adopted some fact changes in defining concepts like entrepreneurs, wealth, and the government’s share. However, many politicians and environmental activists are seeking sustainable development; environmental campaigners believe that this option is not... 

this research aims to identify interests, goals, and structures which involve privatization. The importance of this research is that the root of numerous firms' inefficiency after privatization lies in the privatization process. The goals of privatizing firms are to improve the efficiency of privatized firms, maintain employment levels, and finally raise funds from privatizing public firms. It could be some conflicts between these goals. On the other hand, managers of public firms will resist privatizing these firms, because they will see their job situation and future in danger. Also, the privatization organization is one of the economic ministry’s subsets which has not enough power and... 

Privatization in Iran was primarily driven by the 2004 amendment to the Article 44 of the Iranian Constitution. Improving firms' efficiency is cited as the key goal of the privatization program. The two prominent characteristics of the privatization program in Iran are complex ownership structure and transferring ownership from the government to government-affiliated institutions and organizations. For these reasons, the consequences of privatization in Iran may differ from those of other countries. Therefore, this study explores the relation between privatization and firm performance, as measured by firm efficiency, labor efficiency, investment, and the number of employees. As a significant...