Abstract:

The main goal of this paper is to study the nature of the relationship of the theoretical linking between proprety rights theory and human resources performance. While in the theoretical framework the said relationship is assumed to be positive and significant, the empirical results can show a different picture. This should not necessarily be seen as strange   because the privatization shock can lead in the first moment to a change of priorities through to a whole restructuring. In this paper, we show that in the case of Tunisian companies, the privatization process has allowed for an improvement in the productivity indicators through an  increase of incentive schemes. Nevertheless, the rate of indebteness has also increased