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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
The role of government shareholding in corporate performance is central to an understanding of China?s newly privatized …
Persistent link: https://www.econbiz.de/10010262209
The role of government shareholding in corporate performance is central to an understanding of China’s newly privatized …
Persistent link: https://www.econbiz.de/10005822452
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/10005703447
China. Our OLS estimate shows that being a Party member increases earnings by 10%, but the within-twin-pair estimate becomes …
Persistent link: https://www.econbiz.de/10010268047
-seeking behavior. In China, researchers have frequently argued that village cadres, who are the lowest level of administrators in rural … and non-cadre households in rural China without controlling for unobserved dimensions of ability that are also correlated … who is a cadre. Given the increasing returns to non-agricultural employment since China's economic reforms began, it is …
Persistent link: https://www.econbiz.de/10010283955
China. Our OLS estimate shows that being a Party member increases earnings by 10%, but the within-twin-pair estimate becomes …
Persistent link: https://www.econbiz.de/10005703597
We study the restructuring of the labor force after mergers and acquisitions. Overall restructuring is large. Net employment of targets declines by more than half within two years after acquisitions relative to a matched sample, and is concentrated in targets that close all establishments. There...
Persistent link: https://www.econbiz.de/10012597555
We construct and analyze a unique database with 1992-99 information on privatization transactions and labor productivity for the entire surviving population of initially state-owned industrial corporations in Romania. The data permit us to describe the post-privatization ownership structure and...
Persistent link: https://www.econbiz.de/10010262532
Using nationally representative Norwegian data we show family-owned workplaces are less likely to close than observationally similar non-family-owned workplaces. But this changed during the Crisis when the family businesses' closure hazard soared. This hike in 2009 was not related to performance...
Persistent link: https://www.econbiz.de/10011479395