Narrow search
Showing 1 - 10 of 84
Cover Image
Privatization and Productivity in Romanian Industry: Evidence from a Comprehensive Enterprise Panel
Earle, John S.; Telegdy, Álmos - 2001
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
Cover Image
Tournaments and managerial incentives in China's listed firms: new evidence
Kato, Takao; Long, Cheryl - 2008
The promotion tournament as a potentially important incentive mechanism for top management in transition economies has not been examined by the emerging literature on managerial incentives in transition economies. This paper is the first attempt to fill this important gap in the literature. The...
Persistent link: https://www.econbiz.de/10010268884
Cover Image
Retained State Shareholding in Chinese PLCs : Does Government Ownership Reduce Corporate Value?
Tian, Lihui; Estrin, Saul - 2005
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
Cover Image
The determinants of asset stripping: theory and evidence from the transition economies
Campos, Nauro F.; Giovannoni, Francesco - 2005
During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of the stock of socialist physical capital. Despite the obvious importance of this phenomenon, there have been no efforts to model, measure and investigate this process...
Persistent link: https://www.econbiz.de/10010267582
Cover Image
Firm ownership and rent sharing
Monteiro, Natália Pimenta; Portela, Miguel; Straume, … - 2010
We analyse - theoretically and empirically - how private versus public ownership of firms affects the degree of rent sharing between firms and their workers. Using a particularly rich linked employer-employee dataset from Portugal, covering a large number of corporate ownership changes across a...
Persistent link: https://www.econbiz.de/10010269766
Cover Image
Job Reallocation and Productivity Growth in the Ukrainian Transition
Brown, J. David; Earle, John S. - 2004
We analyze the pace and patterns of job reallocation in Ukraine using 1992-2000 panel data on nearly the surviving universe of manufacturing firms inherited from the Soviet Union. Employment growth displays substantial increase in heterogeneity during this transition period, with a corresponding...
Persistent link: https://www.econbiz.de/10010262088
Cover Image
Privatization discontent and its determinants: evidence from Latin America
Checchi, Daniele; Florio, Massimo; Carrera, Jorge - 2005
Privatization policy faces increasing popular opposition in Latin America. We test for the determinants of this … countries as our dependent variable of perception, and a privatization dataset on the same countries, including sectoral … variables as controls. Our main finding is that disagreement with privatization is more likely when the respondent is poor …
Persistent link: https://www.econbiz.de/10010267576
Cover Image
Enterprise restructuring in Belarus
Bakanova, Marina; Estrin, Saul; Pelipas, Igor; … - 2006
We explore the impact of privatization and the entry of new firms on enterprise performance in Belarus, a transition …
Persistent link: https://www.econbiz.de/10010267876
Cover Image
Foreign direct investment and structural reforms: evidence from Eastern Europe and Latin America
Campos, Nauro F.; Kinoshita, Yuko - 2008
This paper investigates the role of structural reforms - privatization, financial reform and trade liberalization as … financial liberalization and privatization. These results are robust to different measures of reforms, split samples, and …
Persistent link: https://www.econbiz.de/10010268588
Cover Image
Employment and wage effects of privatization: evidence from Hungary, Romania, Russia, and Ukraine
Brown, J. David; Earle, John S.; Telegdy, Álmos - 2008
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