Question: Appendix 1-1 shows that over time, national governments in many countries sold shares in state-owned financial institutions to nongovernmental entities. Discuss how these privatizations might

Appendix 1-1 shows that over time, national governments in many countries sold shares in state-owned financial institutions to nongovernmental entities. Discuss how these privatizations might affect the capital markets as well as the accounting systems of these companies.

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