Estrin, Saul; Hanousek, Jan; Kočenda, Evžen; Švejnar, Jan - 2009
performance. Concentrated private ownership has a stronger positive effect on performance than dispersed ownership in the post … collective ownership does not have a negative effect. In the post-communist economies new firms are equally or more efficient … private ownership, corporate governance, access to know-how and markets, and the legal and institutional system matter for …