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manufacturing sector after privatization. It starts with the argumentation that the most important actors in the post-privatization … ownership structure in the Czech Republic were investment privatization funds, followed by the state, and that the ‘rules of the … leads to the hypothesis that the concentration-restructuring function in the post- privatization Czech environment is …
Persistent link: https://www.econbiz.de/10005077013
-scale privatization economy. Using specifications based on first-differences and unique instrumental variables, we find that few types of … private ownership improve dynamic post-privatization performance. Concentrated foreign (but not domestic) ownership improves …
Persistent link: https://www.econbiz.de/10005135012
investigates the case of a large privatized firm subject to many policy constraints. The last steps of Telefonica's privatization … documented phenomenon both in this study and in the cross-country literature on privatization; e.g. political ends in … privatization, influence in appointments, golden shares) as the most visible part of such collusion. Liberalization and multi …
Persistent link: https://www.econbiz.de/10005413213
in privatization transactions despite some showcase transactions; fifth, regulation and competition have often been …Privatization became a central element of economic reforms in most countries in Sub-Saharan Africa during the 1990s …. Yet, empirical evidence regarding the impact of privatization remains scarce. Since the seminal work of CAMPBELL …
Persistent link: https://www.econbiz.de/10005413292
domestic airports.The latter evidence favors privatization of the Delhi Airport. We study the impact of foreign direct … of professionalization in their day to day operations. The study also discusses various models of privatization and … Airports in India.Given the limitations in India’s airport infrastructure, a more suitable method of privatization seems to be …
Persistent link: https://www.econbiz.de/10005561389
Despite the seminal work of Claessens et al. (2002), who highlighted the role of ownership structure on firm performance in East Asia, the relationship between capital structure and ownership remains much unexplored. This is important, given recent empirical and theoretical work linking capital...
Persistent link: https://www.econbiz.de/10005076974
Despite the seminal work of Claessens et al. (2002), role of ownership structure on capital structure and firm performance in East Asian corporattions remains much unexplored. Within the framework of Bajaj et al. (1998), the present paper empirically examines the effects of a controlling manager...
Persistent link: https://www.econbiz.de/10005076997
In this article, we provide an interpretation for the voluntary independence requirements contained in the Italian Corporate Governance Code (Preda Code) checking them against a proxy for international best practice, the independence criteria provided in the EC Recommendation on non-executive...
Persistent link: https://www.econbiz.de/10005077023
Corporate Governance deals with the issue of how suppliers of finance to corporations assure themselves of getting a return on their investment. Several Studies have examined the relationship between ownership structure and firm performance. Using di erent data samples most of the studies...
Persistent link: https://www.econbiz.de/10005077035
This article looks at the past development and potential of the Rhenish capitalist model. We discuss the origins and nature of the model and the model in crisis. Because, we contend, Rhineland capitalism’s future will be decided in East-Central Europe, we focus – using a survey questionnaire...
Persistent link: https://www.econbiz.de/10005125829