This paper considers the debate regarding ownership, competition and alternative approaches to SOE reforms. While the conventional approach has been, supported by empirical work, that privatization is only the most extreme of series proposals for the reforms, empirical evidence in Vietnam is an...

The main purpose of this paper is to examine determinants of the quot;levelquot; and the quot;ratequot; of technical efficiency by firstly exploring a firm-level data set of 4600 enterprises in the industrial sector of Vietnam during transition from 2001-2005. The empirical results reveal a...

The purpose of this paper is to explain the role of institutions in different corporate governance arrangements. It applies the logic of trade-off amongst the marginal costs of participants in business organizations as a framework for analyzing corporate governance arrangements in different...