how deregulation affects corporate structure. In the benchmark case where the government maximizes privatization proceeds …

This paper analyses the ownership structure emerging from the Russian privatization process, using information from a … privatization methods for ownership structure, on the incidence of non-voting and voting shares, and on the extent of concentration …) estimates, suggesting that the privatization process may have contained a negative selection bias with respect to ownership by …

We present evidence of major adjustment efforts in the State sector in Poland well before privatization. Extensive …

performance after privatization in the Czech Republic. We find weak evidence for the presence of managerial incentives: only in … 1997, three to four years after privatization, does poor performance significantly increase the probability of managerial …

This paper interprets the existing evidence on enterprise restructuring in Poland, Hungary and the Czech Republic …

countries, Hungary, Romania and Slovenia. The data are based on interviews taken in more than 300 state-owned, privatized and … pressure has a positive impact on firm performance in Hungary and Slovenia, but not in Romania, while in Romenia short … (being state-owned and privatized enterprises) tend to perform worse than newly-established firms in Hungary and Slovenia. In …