Showing 1 - 10 of 352
. Using recent data from Russia for 2000-2008, we find that the introduction of corporate governance codes in Russia had …
Persistent link: https://www.econbiz.de/10010282468
The role of government shareholding in corporate performance is central to an understanding of China?s newly privatized large firms. In this paper, we analyze shareholders as agents that can both harm and benefit companies. We examine the ownership structure of 826 listed corporations and find...
Persistent link: https://www.econbiz.de/10010262209
We construct and analyze a unique database with 1992-99 information on privatization transactions and labor … describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm … and domestic blockholders, but insider and mass privatization are also estimated to have positive, although smaller …
Persistent link: https://www.econbiz.de/10010262532
transition economies to estimate the impacts of privatization on employment and wages. The results in all four countries … consistently reject job losses and they never imply large wage cuts from privatization to either foreign or domestic owners. The … domestic privatization estimates are close to zero for employment, while for wages they are negative but small in magnitude …
Persistent link: https://www.econbiz.de/10010268760
privatization in postcommunist Russia. Taking advantage of large regional variation in the size of public administrations, and … employing a multilevel research design that controls for pre-privatization selection in the estimation of regional privatization … effects, we examine the relationship between state bureaucracy and the impact of privatization on firm productivity. We find …
Persistent link: https://www.econbiz.de/10010269020
This paper provides evidence on how executive compensation relates to firm performance in listed firms in China. Using comprehensive financial and accounting data on China's listed firms from 1998 to 2002, augmented by unique data on executive compensation and ownership structure, we find for...
Persistent link: https://www.econbiz.de/10010267302
require a broad program that encompasses not only privatization but also laws and their effective implementation to provide …
Persistent link: https://www.econbiz.de/10010274393
require a broad program that encompasses not only privatization but also laws and their effective implementation to provide …
Persistent link: https://www.econbiz.de/10005566546
This paper provides evidence on how executive compensation relates to firm performance in listed firms in China. Using comprehensive financial and accounting data on China’s listed firms from 1998 to 2002, augmented by unique data on executive compensation and ownership structure, we find for...
Persistent link: https://www.econbiz.de/10005566733
paper studies the consequences of enterprise privatization and liberalization of product markets, labor markets, and imports … in the former Soviet Republics of Russia and Ukraine. Analyzing interfirm reallocation of output, labor, capital, and an … input index with annual industrial census data from 1985 to 2001, we find that Soviet Russia displayed low reallocation …
Persistent link: https://www.econbiz.de/10010261809