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The paper investigates how efficiency of business environment and corruption (informal payments and state capture) affect the microeconomic performance of firms. The novelty of the paper is to look at these effects in the interaction with the firm ownership. We use firm-level micro data...
Persistent link: https://www.econbiz.de/10013105092
In this study I contend that the ownership type has a significant impact on the environment – strategy configurations amongst different firms in a transitional economy. The influence of ownership type on the environment–strategy configuration is tested, based on an analysis of surveys of 201...
Persistent link: https://www.econbiz.de/10014197967
"The paper evaluates the effects of privatization in the post-communist economies and China. In post …-communist economies privatization to foreign owners results in a rapid improvement in performance of firms, while performance effects of … privatization to domestic owners are less impressive and vary across regions, coinciding with differences in policies and …
Persistent link: https://www.econbiz.de/10003791159
The paper evaluates the effects of privatization in the post-communist economies and China. In post-communist economies … privatization to foreign owners results in a rapid improvement in performance of firms, while performance effects of privatization … development. In China relatively more estimates suggest that privatization to domestic owners improves the level of performance …
Persistent link: https://www.econbiz.de/10012551741
The paper evaluates the effects of privatization in the post-communist economies and China. In post-communist economies … privatization to foreign owners results in arapid improvement in performance of firms, while performance effects of privatization to … development. In China relatively more estimates suggest that privatization to domestic owners improves the level of performance …
Persistent link: https://www.econbiz.de/10012747074
Using the data of 82 Chinese commercial banks from 2000 to 2012, this paper investigates the effect of bank ownership reforms on prudential behavior. Three main results emerge. First, state-owned commercial banks are more prudential than joint-stock commercial banks and city commercial banks...
Persistent link: https://www.econbiz.de/10013023150
profitability in comparison to their counterparts. We would argue that an intensified agency problem and lack of entrepreneurial … spirit might be the root of the profitability problem. …
Persistent link: https://www.econbiz.de/10011820303
Persistent link: https://www.econbiz.de/10009583399
liberalization, privatization, and stabilization reforms. Theory predicts that decentralization may aggravate fiscal imbalances … over 19 years to address a central question of fact: Did privatization help to promote local governments' fiscal discipline …? The answer is clearly ‘no' for privatization considered in isolation. However, privatization and subnational fiscal …
Persistent link: https://www.econbiz.de/10013102260
explain those particularities by the different methods of banking sector privatization, the different approaches for solving …
Persistent link: https://www.econbiz.de/10013156628