This article will analyze the impact of the privatization process on the performance of eleven privatized companies through the Moroccan financial market, it concerns an evaluation of the changes in the organization of the latter. The State, by withdrawing its capital from the enterprise, gives the private sector the power to choose the most appropriate modes of governance. Therefore, it is preferable to check that the transfer of ownership as part of the privatization process must be from a bureaucratic managerial system to a market managerial system characterized by its transparency, good productivity and high profitability.

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