Accounting and Auditing Studies

Accounting and Auditing Studies

Comparing company performance pr – privatization and post – privatization

Document Type : Original Article

Authors
10.22034/iaas.2012.105368
Abstract
According to the article 44 of the constitution the economy of Iran is to consist of three distinct sectors; the state sector, cooperative sector and private sector.
The state sector is to include all large scales industries, major minerals, power plants, dams and irrigation networks, roads and railroads, aviation and shipping, national infrastructure, post and telecommunications, radio television and broadcasting, banking, insurance and foreign trade, which all are to be publicity owned and administered by the state. The cooperative sector is to include cooperative companies in production and distribution activities. The private sector is to include private and agriculture, manufacturing, construction, trade and service activities other than those owned and operated by state and cooperative sectors. As a result the private sector has been able to play a much larger role than the one formally outlined in the constitution.