An appraisal of Justice Stocks Project from Privatization Viewpoint

One of the goals of privatization is just distribution of wealth, which has been put in the Iranian state's agenda in the form of Justice Stocks Project for supporting low income strata. While reviewing the goals of privatization on the basis of mainstream economic literature as well as of intended goals in the Justice Stocks Project, this paper tries to pose and answer the question if this project can be considered as privatization. The results show that, as far as having simultaneously both efficiency and equity as well as corporate profitably view point as one of the major goals of privatization, this project cannot be considered as privatization.