We analyse the effect of ownership on post-privatization performance in a virtually complete population of medium and … ownership improves economic performance, but domestic private ownership does not, relative to state-owned firms. Foreign firms … increasing profit. Ownership concentration is associated with superior performance, thus providing support to the agency theory …

for endogeneity of ownership, we find that foreign ownership markedly improved the efficiency of firms, whereas domestic … private ownership did not; domestic firms are not catching up to the (world) efficiency standard given by foreign-owned firms …Economic development implies that the efficiency of firms in developing countries starts approaching that of firms from …

Economic development implies that the efficiency of firms in developing countries is approaching that of firms in … privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier … find that privatization to domestic owners did not markedly improve the efficiency of firms; domestic firms are not …

In the last few years, there has been an extensive debate as to whether ownership matters for bank performance in less … ownership enhances bank performance. Based on a range of performance ratios as well as parametric and non-parametric estimations …, where private ownership involves foreign ownership then this does seem to have a positive effect on bank performance. Both …

efficiency, and (iii) high competition is less conductive to efficiency than moderate or low competition. In terms of ownership …Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in …, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic …

efficiency is determined by ownership structure. We employ a panel version of a stochastic production frontier model for the … period 1996–2007 with time-varying efficiency. We differentiate among various degrees of ownership concentration and domestic … ownership structure on the distance from the efficiency frontier. Our results support the hypothesis that concentrated ownership …

digit. It is hypothesized that price clustering occurs within an established TPZ if OPEC is able to defend the upper and … capacity utilization is high and when production significantly exceeds quotas, consistent with OPEC's inability to defend the …

dubbed the "Seven Sisters" and Organization of Petroleum Exporting Countries, or [OPEC]); a theoretical discussion of cartel … formation, which forms the backdrop for an investigation of OPEC; an empirical model of membership in OPEC; and a handful of key …