Showing 1 - 10 of 271
This paper surveys the theoretical and empirical literature on the role of state-owned banks and also presents some new results and a robustness analysis. The paper shows that state-owned banks located in developing countries have fiscal costs because they are characterized by lower returns than...
Persistent link: https://www.econbiz.de/10010327147
The issues of privatization (and sometimes deregulation) have been reviewed in a large literature on the various … aspects of privatization, that has emphasized the potential efficiency gains. Hence, we provide some theoretical reasoning why … privatization is useful as well as profitable for an economy and empirically present the extent of privatization in Austria and …
Persistent link: https://www.econbiz.de/10010294495
Schriftliche Fassung eines Vortrages anlässlich der Tagung zum Thema Deregulierung und Privatisierung: Erfahrungen …
Persistent link: https://www.econbiz.de/10010294593
performance in the telecommunications industry before privatization as measured by penetration, operating efficiency, and … profitability. CEO change before privatization does appear to have real consequences in firm performance before privatization …. Moreover, findings are consistent with previous research that links CEO replacement and an increase in privatization prices …
Persistent link: https://www.econbiz.de/10010327157
[Einführung und Motivation ...] Die Studie bietet eine erste Orientierungshilfe für Praxis und Wissenschaft. Sie leistet damit auch eine notwendige Basis für weiterführende vergleichende Analysen des Beteiligungsberichtswesens im internationalen Kontext. In Kapitel 2 werden Relevanz von und...
Persistent link: https://www.econbiz.de/10010475159
This paper builds a new dataset on bank ownership and bank performance covering approximately 50,000 observations for 119 countries over the 1995-2002 period. The paper then uses the dataset to reassess the relationship between bank ownership and bank performance, providing separated estimations...
Persistent link: https://www.econbiz.de/10010327143
. Martin Feldstein's pro-privatization rhetoric relative to Social Security is first analyzed. A subsequent comparison his … rhetoric to that of George W. Bush concludes that both the political and the economic rhetoric of Social Security privatization …
Persistent link: https://www.econbiz.de/10010288065
have produced positive results in the transition economies in Europe. Because a major reason for the failure of Gorbachev …
Persistent link: https://www.econbiz.de/10010318608
has been made in reforming the trade and financial sectors. In terms of tax reform and privatization, the record has been … progress of the reforms, stems from the corruption that has tainted the privatization process in some countries. The third …
Persistent link: https://www.econbiz.de/10010327138
Since the mid-1980s a profound change of direction in the structural policies of the region has taken place. The development model based on protecting national markets and state intervention was replaced by a set of policies aimed primarily at seeking to improve efficiency, facilitate the...
Persistent link: https://www.econbiz.de/10010327166