We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Özelleştirmenin İstihdam ve Çalışanların Refahı Üzerindeki Etkisi: Kıbrıs Türk Hava Yolları Örneği.
- Authors
Lisaniler, Fatma Güven; Eminer, Fehiman; Rüstemoğlu, Hasan
- Abstract
This study investigates the effects of privatization of companies on employment and monetary welfare loss to their workers. As a case study, it considers the Turkish Cypriot national airline, Cyprus Turkish Airlines (CTA), and 258 of its employees when the company was liquidated and privatized. These employees, who CTA dismissed and the government re-employed, amount to 74 percent of the total North Cyprus-based staff. The CTA union provided the data for the analysis, including tenure (years of employment with CTA), CTA positions, and characteristics of the individual workers. Descriptive statistical analysis measures the monetary welfare loss and identifies the loss determinants for each worker. Multiple regression analysis estimates the pre- and post-privatization wages and determines the significance of the loss. The results show average monetary welfare loss of dismissed CTA workers is 50 percent. In evaluating the worker characteristics, those with less education, longer tenure, higher positions, and sector-specific skills incurred higher monetary welfare loss. Moreover, the change in quality of the employment is the most significant determinant of the monetary welfare loss of workers.
- Subjects
PRIVATIZATION; CYPRUS Turkish Airlines (Company); WAGES; AIRLINE industry personnel; EMPLOYMENT
- Publication
Journal of Cyprus Studies, 2017, Vol 19, Issue 43, p37
- ISSN
1303-2925
- Publication type
Article