Warzynski, Frederic - LICOS Centre for Institutions and Economic Performance, … - 2000
This paper analyses the determinants of managerial change and the impact of privatisation,competition and managerial …, indicating an entrenchment effect. Firms with few competitors had less turnover as well. (ii) Managerial change and privatisation … managerial change are complementary measures to improve the performance of the firm. …