Showing 1 - 10 of 356
This paper documents recent structural changes in China's corporate landscape, based on company level data, providing a complementary perspective to that of official Chinese statistics. We classify China's largest companies by revenue since 2004 (based on Fortune Global 500 rankings), and...
Persistent link: https://www.econbiz.de/10013184745
Even though it is well documented that privatization leads to an improvement in the performance of state … because it does not consider the performance of control firms of similar pre-privatization situations, i.e. the performance of … firms versus the performance of SOEs. I document significant improvements in profitability, efficiency, and dividends, and …
Persistent link: https://www.econbiz.de/10011597814
positive effect of ownership concentration on firm performance matters more in countries with weak investor protection and that … private domestic ownership leads to higher performance. …We investigate the role of ownership structure and investor protection in postprivatization corporate governance. We …
Persistent link: https://www.econbiz.de/10011591071
Persistent link: https://www.econbiz.de/10011765207
, including fiscal policies to mitigate government action with a negative effect on the performance and solvency of SOEs. … state ownership. This paper examines Brazil's efforts to address agency conflicts in SOEs, including new legislation (Law … the impact of those interventions on SOEs profitability and labor productivity. Although no significant effect of the more …
Persistent link: https://www.econbiz.de/10015054007
Persistent link: https://www.econbiz.de/10011797546
Persistent link: https://www.econbiz.de/10011765243
Persistent link: https://www.econbiz.de/10003592614
Persistent link: https://www.econbiz.de/10003927738
We use matched employer-employee data together with data on the ownership networks of Chilean firms to document a novel … relationship between inequality in labor income and ownership structures. Exploiting transitions of firms in and out of networks … ownership structures and the distribution of labor income in the economy. …
Persistent link: https://www.econbiz.de/10014495982