The objective in this paper is to improve the existing evidence regarding the role ownership plays in economic … modeling, state ownership is explicitly introduced into the simple model of the financially constrained firm in order to trace … per unit of output and that liable for their relative inefficiency were technical, allocative and ownership reasons by …

We analyze the effects of ownership type and concentration on performance of a population of firms in a model large … private ownership improve dynamic post-privatization performance. Concentrated foreign (but not domestic) ownership improves … some measures of performance relative to state ownership. Foreign investors engage in strategic restructuring by increasing …

, this paper explores the relationship between firm performance and ownership in Central and Eastern Europe (CEE) and the …

models of investment and test if investment behavior varies across categories of ownership and with the legal status of firms … ownership-legal form categories of firms. Retained profit is found to be a major determinant of new investment and the estimate … owned-limited liability companies and foreign owned and mixed ownership firms. These results are consistent with the …