THE PRIVATIZATION EFFECTS ON IRAN INSURANCE INDUSTRY

Öz

Two methods of privatization through ownership transfer and privatization from below are more proper than other ones. The privatization program in Iran insurance industry is performed through privatization from below initiated from 2000 and proceeded in recent years by ownership transfer according to general policies of Iran Law. This paper shows how privatization from below is effective more than ownership privatization in competition extension in insurance industry and spread of its supporting businesses. This method have had more effects on insurance industry by extending insurance industry practices, leading to differentiation in insurance products, improving public firms' performance and extending insurance relevant businesses

Anahtar Kelimeler

• privatization from below, competition, business atmosphere, insurance industry performance

Kaynakça

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3. Kabolizadeh, Ahmad. (2005), “People Privatization: Efficiency with Justice”, Islamic Parliament
4. Research Center, P.32 (In Persian) Insurance Industry Statistical Yearbook (1998-2008), Iran Central Insurance.
5. Lipczynski, John, John Wilson and John Goddard, (2005), “Industrial Organization: Competition,
6. Strategy, Policy” Prentice Hall. Megginson, William L. (2005), “The Financial Economics of Privatization”, Oxford University Press, New York.