Imam Sadiq University "Islamic Finance Research" (IFR) 2251-8290 1 2 2012 04 20 Assessment and Comparing the Performance of Divested Firms to Non-governmental Public Sector and Private sector in Tehran Security Exchange after the Notification of the General Policies of Article 44 Assessment and Comparing the Performance of Divested Firms to Non-governmental Public Sector and Private sector in Tehran Security Exchange after the Notification of the General Policies of Article 44 5 35 1521 10.30497/ifr.2012.1521 FA Adel Azar Professor and faculty member of Tarbiat Modares University Ali Eslamjoo Master of Islamic Education and Financial Orientation Management, Imam Sadegh University Journal Article 2012 02 01 This article tries to study the increase or decrease in the performance of the divested companies to the non-governmental public sector and the private sector compared to the period before the divestiture and then it tries compare the private sector and the nongovernmental public sector in improving the performance indexes. To answer two basic questions of the research, the financial indicators granted to each of the firms in the years before and after the divestiture were considered. Then weight average of each of the indicators for each of the periods before and after the divestiture then was considered and then the amount of any increase or decrease in the indicators in the two parts was compared. The results showed the improvement in the performance indexes in the divested companies to private sector and the decrease in the divested companies to nongovernmental public sector. comparing these two sectors in improving  performance indexes, the present research has reached the conclusion that the private sector has performed better than the public sector. This article tries to study the increase or decrease in the performance of the divested companies to the non-governmental public sector and the private sector compared to the period before the divestiture and then it tries compare the private sector and the nongovernmental public sector in improving the performance indexes. To answer two basic questions of the research, the financial indicators granted to each of the firms in the years before and after the divestiture were considered. Then weight average of each of the indicators for each of the periods before and after the divestiture then was considered and then the amount of any increase or decrease in the indicators in the two parts was compared. The results showed the improvement in the performance indexes in the divested companies to private sector and the decrease in the divested companies to nongovernmental public sector. comparing these two sectors in improving  performance indexes, the present research has reached the conclusion that the private sector has performed better than the public sector. https://ifr.isu.ac.ir/article_1521_253f7b5d921338af34da817c00f42753.pdf