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Privatization has played an important role in national economic reform in Vietnam. However, unlike other transitional … countries in Central and Eastern Europe, Vietnam has chosen a partial and gradual privatization where the government still holds … significant ownership in most privatized firms. Whether partial privatization can enhance privatized firms’ performance or full …
Persistent link: https://www.econbiz.de/10013273633
This paper documents recent structural changes in China's corporate landscape, based on company level data, providing a complementary perspective to that of official Chinese statistics. We classify China's largest companies by revenue since 2004 (based on Fortune Global 500 rankings), and...
Persistent link: https://www.econbiz.de/10013184745
Purpose: The main objective of the study was to investigate how corporate governance affects the performance of state-owned enterprises (SOEs) in a least developed economy. Design/methodology/approach: Both primary and secondary data from nine state-owned companies that operated between 2001 and...
Persistent link: https://www.econbiz.de/10014536046
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This study investigates the privatization situation in Indonesia between 1996 and 2020. This study conducts a … comparative analysis to see the impact of privatization on companies' performance and, with regard to the crisis that occurred … profits declined after privatization, but the company's efficiency improved. Otherwise, the debt ratio of state …
Persistent link: https://www.econbiz.de/10014230810
transition economies to estimate the impacts of privatization on employment and wages. The results in all four countries … consistently reject job losses and they never imply large wage cuts from privatization to either foreign or domestic owners. The … domestic privatization estimates are close to zero for employment, while for wages they are negative but small in magnitude …
Persistent link: https://www.econbiz.de/10003755531
Exploiting a unique institutional feature of the early Romanian privatization setup, when a group of firms was … explicitly barred from any privatization, we test how politicians select firms into privatization programs. Using a comprehensive … dataset that includes all firms inherited from socialism, we estimate the relation between pre-privatization firm …
Persistent link: https://www.econbiz.de/10003790098
gains had to be sacrificed. -- Privatization ; Government objectives; Firm Efficiency ; Employment ; Wages ; Romania …Exploiting a unique institutional feature of the early Romanian privatization setup, when a group of firms was … explicitly barred from any privatization, we test how politicians select firms into privatization. Using comprehensive data that …
Persistent link: https://www.econbiz.de/10003919610