We analyse the effect of ownership on post-privatization performance in a virtually complete population of medium and … large firms privatized in a model large-scale privatization economy (Czech Republic). We find that concentrated foreign …

The paper evaluates the effects of privatization in the post-communist economies and China. In post-communist economies … privatization to foreign owners results in a rapid improvement in performance of firms, while performance effects of privatization … development. In China relatively more estimates suggest that privatization to domestic owners improves the level of performance …

We analyze the effect of ownership on post-privatization performance in a virtually complete population of medium and … large firms privatized in a model large-scale privatization economy (Czech Republic). We find that concentrated foreign …

-scale privatization economy. Using specifications based on first-differences and unique instrumental variables, we find that few types of … private ownership improve dynamic post-privatization performance. Concentrated foreign (but not domestic) ownership improves …

We use new firm-level data to examine the effects of firm divestitures and privatization on corporate performance in a …'s profitability but do not alter its scale of operations, while the effect of privatization depends on the resulting ownership … structure – sometimes improving performance and sometimes bringing about decline. The effects of privatization are thus more …

a model transition economy after mass privatization. Specifications based on first-differences and unusual instrumental … variables show that contrary to conventional wisdom, the effects of privatization and different types of ownership are limited … findings of positive effects of privatization on performance were premature, with the effects of many types of ownership being …