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Does entrepreneurial optimism affect business performance? Using a unique data set based on repeated survey design, we investigate this relationship empirically. Our measures of ‘optimism’ and ‘realism’ are derived from comparing the turnover growth expectations of 133 owners-managers...
Persistent link: https://www.econbiz.de/10005784754
privatization process is likely to impede innovation and stall company restructuring. …
Persistent link: https://www.econbiz.de/10005651490
Business groups, which are ubiquitous in emerging market economies, balance the advantages of characteristics such as internal capital markets with the disadvantages such as inefficient internal distribution of resources and suppression of technological and other forms of innovativeness. In this...
Persistent link: https://www.econbiz.de/10010859437
voucher privatization, and limited post-privatization financial support. The main feature, however, is the government …'s decision to retain control and majority ownership of Komer6nf. Our analysis of the bank's subsequent credit allocations yields …
Persistent link: https://www.econbiz.de/10005677491
net job creation at the firm level was affected by privatization in Bulgaria, privatization in Romania did not have any …
Persistent link: https://www.econbiz.de/10005677589
The privatization of Bank Slaski, one of nine regional commercial banks in Poland, illustrates the benefits of … performance and created complications for governance. Furthermore, the Polish government's reaction to this privatization and its …
Persistent link: https://www.econbiz.de/10005677608
In pursuing bank privatization, governments in Central Europe and Russia faced a common set of policy issues including … to the banks. For each bank undergoing privatization, the government's approach to such issues determines its … undergoing privatization. The varied transactional structures used in these privatizations appear to have had significant effects …
Persistent link: https://www.econbiz.de/10005677646
Persistent link: https://www.econbiz.de/10005652529
The issue of location-specific factors of a multinational company’s activities has long been investigated by international business scholars. To our knowledge, however, all these studies have put attention on the pre-entry location decision of foreign subsidiaries, rather than the post-entry...
Persistent link: https://www.econbiz.de/10010575337
During transition, maintaining employment and providing a social safety net to the unemployed are important to social stability, which in turn is crucial for the productivity of the whole economy. Because independent institutions for social safety are lacking and firms with strong profit...
Persistent link: https://www.econbiz.de/10005784743