Abstract:
The study describes the financial and operating performance
of Dill Edible Oil Factory by making a comparison of its
performance before and after privatization.
The study sought to determine whether privatization is truly
desirable in Ethiopia and whether the performance of privatized
firms lives up to the expectation of government and development
agencies. In particular. it tried to determine whether privatized
firms increased their profitability, their operating efficiency, their
capital expenditure, and their out put. It also examined the effect of
privatization on employment, capital structure and dividend policy.
To this end, the study compared the performance indicators of Dill
Edible Oil Factory for the three year8 before privatization and the
three years after privatization. The study used documentary and
unstructured interviews for data collection.
