We analyze the effects of ownership type and concentration on performance of a population of firms in a model large … that few types of 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 …

We analyze the effect of ownership on post-privatization performance in a virtually complete population of medium and … or foreign private ownership, in either moderate or high ownership concentrations, leads to increased sales. However … relative to state-owned firms. Firms with dispersed ownership register higher positive effect on profit than firms with more …

We analyze 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 ownership. Foreign firms … increasing profit. Ownership concentration is associated with superior performance, thus providing support to the agency theory …

ownership structure of 826 listed corporations and find that government shareholding is surprisingly large. Its effect on … shareholding stakes increase, but beyond this corporate value begins to increase. We interpret this in terms of ownership …

and exporting. In turn, the extent of managers’ independence is negatively associated with ownership concentration, but …

three relevant firm attributes: investment opportunities, external financing, and ownership structure. Using firm …

control for accompanying ownership changes and the fact that spinoffs and ownership are endogenous variables. We find that … on the resulting ownership structure – sometime improving performance and sometime bringing about decline that is … changes in ownership when analyzing spinoffs and generally to control for endogeneity, selection and data attrition when …