Domadenik, Polona; Prašnikar, Janez; Svejnar, Jan - In: Journal of International Business Studies 39 (2008) 4, pp. 725-746
We develop a theoretical framework for defensive and strategic restructuring, and provide estimates of restructuring in privatized firms in an advanced transition economy: Slovenia. Our rich data point to both types of restructuring, as well credit rationing and bargaining with respect to...