We analyze the extent of the integrated control of the state over privatized firms during the post-privatization decade … bureaucracy are the most likely reasons behind our findings. -- state ownership ; control ; corporate performance ; privatization … (1995-2005) in the Czech Republic. During this period the integrated control potential of the state resembled a corporate …

for monitoring the performance of the public enterprises considered for privatization. The paper incorporates measures …

for monitoring the performance of the public enterprises considered for privatization. The paper incorporates measures …

-controlling or "residual" state ownership framework, grounded in credible privatization and institutional theory. We propose that: 1 … signals state support for managerial initiatives; 2) the passage of time since initial privatization negatively affects … turn negative at higher state ownership levels. CARs turn sharply negative within 1-2 years from initial privatization …

1995. We focus on the two primary types of ownership change in Russia: the privatization of existing state …

The current paper analyzes the impacts of privatization of Sudan air carrier, Sudan Airways. The hypothetical framework … in this study is that alternative policies other than privatization are feasible. Sudan airways represents the …. Experience shows that privatization needs large amount of capital plus qualified managerial, technical, financial and marketing …

have set up stronger governance than domestic private firms that have not experienced privatization. I propose seven … governments' fiscal conditions in the privatization year and privatized firms' governance, which suggests a significant role … played by local governments in shaping corporate governance during the privatization process …

Privatization is often viewed as a necessary condition for improved corporate performance. We use a 1992-98 panel of … the population of Czech industrial firms to assess the effect of mass privatization on corporate performance. Using …-owned enterprises. The results with respect to privatization to domestic owners are much less impressive. Our study provides strong …