Confirmation of Candidature - Candidate : Ranya Dakhelalla

The proposal's objective will achieve by examining and evaluating the impact of the Libyan Cement Company (LCC) privatisation in terms of organisational performance by comparing pre- to post-privatisation performance. By relying on 19 years of data, which covers the period from 2004 to 2022. More specifically, the analytical framework to analyse the performance of privatised LCC will be done by examining the profitability, leverage, capital investment, production efficiency, labour productivity, and employee satisfaction.

Research Design- By utilising a qualitative case-study approach, this proposal goal is to provide an in-depth understanding of the impact of Libya's privatisation program on organisational performance, particularly its relationship with the accounting process, which will focus on financial performance indicators and non-financial performance indicators over a period from 2004-2022. Data will be gathered via semi-structured interviews, observation, and documentation. The study will use NVivo and content analysis for analysing the data.

Theoretical framework- The theoretical orientation of this proposal is built upon "the theory of the firm and stakeholder theory". The importance of these two theories is that while the former affirmation the existence of the company to maximise shareholder profits, the latter asserts that a business entity must create value not only for shareholders but for all stakeholders.

Limitation/implications- This study will focus on one case study, which does limit its generalisability, and the findings cannot be generalised to other industrial sectors within Libya. However, future studies could examine other Libyan companies which might provide an accurate picture of privatisation in a broader range of Libyan industries. 

Originality/value- This research is the first to investigate the impact of the privatisation program on organisation performance over the study period by using a qualitative case study. This research will contribute to the literature on privatisation with a focus on organisational performance. This contribution is especially important because of a lack of privatisation case studies using accounting data and interviews situated in developing countries. Also, this study uses the theory of the firm and the theory of stakeholders to help provides some insight into the means of assessing the impact of privatisation.

For more information, please email the Graduate Research School or phone 0746 311088.