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The emergence of large shareholders in mass privatized firms : evidence from Poland and the Czech Republic
Grosfeld, Irena; Hoshi, Iraj - 2004
Mass privatization offers a particularly suitable framework to study the change in ownership concentration as the … extent of change is unusual for a stable market economy. Focusing on two different mass privatization schemes in two … transition economies, Poland and the Czech Republic, we find that despite important differences in the design of the two …
Persistent link: https://www.econbiz.de/10011606874
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Energy efficiency and industrial output : the case of the iron and steel industry
Flues, Florens; Rübbelke, Dirk T. G.; Vögele, Stefan - 2013
The iron and steel industry is one of the most carbon emitting and energy consuming sectors in Europe. At the same time this sector is of high economic importance for the European Union. Therefore, while public environmental and energy policies target this sector, there is political concern that...
Persistent link: https://www.econbiz.de/10010225378
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Postprivatization corporate governance : the role of ownership structure and investor protection
Boubakri, Narjess; Cosset, Jean-Claude; Guedhami, Omrane - 2003
We investigate the role of ownership structure and investor protection in postprivatization corporate governance. We find that the government relinquishes control over time, mainly to the benefit of local institutions and foreign investors. We also show that private ownership tends to...
Persistent link: https://www.econbiz.de/10011591071
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Privatization and investment : crowding-out effects vs financial diversification
Girmens, Guillaume; Guillard, Michel - 2002
In this paper, we study the effect of share issue privatization (SIP) on private investment and financial market under … privatization (crowding-out effect). Vice-versa with risk aversion and perfect intertemporal substitutability (diversification … of the crowding-out effect, when the revenues of privatization are devoted to present public consumption. …
Persistent link: https://www.econbiz.de/10011598289
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Selling company shares to reluctant employees : France Telecom's experience
Degeorge, François; Jenter, Dirk; Moel, Alberto; … - 2002
In 1997, France Telecom, the state-owned French telephone company, went through a partial privatization. We adapt a …
Persistent link: https://www.econbiz.de/10011598295
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Disciplining voluntary environmental standards at the WTO : an Indian legal viewpoint
Gandhi, Samir R. (contributor) - 2006
Persistent link: https://www.econbiz.de/10003332339
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Optimal coastal land use and management in Krabi, Thailand : compromise programming approach
Pongthanapanich, Tipparat (contributor) - 2006
Persistent link: https://www.econbiz.de/10003318994
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Toward environmental responsibility of Thai shrimp farming through a voluntary management scheme
Pongthanapanich, Tipparat (contributor);  … - 2006
Persistent link: https://www.econbiz.de/10003319017
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Ecosystem-based fishery management : a critical review of concepts and ecological economic models
Nguyen, Thanh Viet - 2009
An ecosystem approach means different things to different people. As a result the concept of ecosystem-based fishery management is evolving and it has no universal definition or consistent application. As regards ecosystem modeling, most economic models of fishery ignore the linkages to lower...
Persistent link: https://www.econbiz.de/10003911968
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Effective environmental protection in the context of government decentralization
Zhang, ZhongXiang - 2011
China has shifted control over resources and decision making to local governments and enterprises as the result of the economic reforms over the past three decades. This devolution of decision-making to local levels and enterprises has placed environmental stewardship in the hands of local...
Persistent link: https://www.econbiz.de/10008858137