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Asset stripping, rule of law and firm survival : the Hoff-Stiglitz model and mass privatization in Montenegro

Koman, Matjaž; Lakičević, Milan; Prašnikar, Janez; … - 2013

-oriented issue of why a large number of efficient firms disappeared during mass privatization in a booming economy of Montenegro …. Econometrically, we present the first study to look at firms that disappeared during a mass privatization transition, improving upon … remaining in samples when estimating the effects of privatization or other ownership changes. We also show that one needs to …

Persistent link: https://www.econbiz.de/10010226663

Enterprise breakups and performance during the transition

Lízal, Lubomír; Singer, Miroslav; Švejnar, Jan - 1997

Persistent link: https://www.econbiz.de/10000975931

Enterprise breakups and performance during the transition

Lizal, Lubomir; Singer, Miroslav; Švejnar, Jan - 1997

Persistent link: https://www.econbiz.de/10000645239

Political connectedness, corporate governance, and firm performance

Domadenik, Polona; Prašnikar, Janez; Švejnar, Jan - In: Journal of business ethics : JOBE 139 (2016) 2, pp. 411-428

Persistent link: https://www.econbiz.de/10011614223

Enterprise breakups and performance during the transition from plan to market

Lízal, Lubomír; Singer, Miroslav; Švejnar, Jan - In: The review of economics and statistics 83 (2001) 1, pp. 92-99

Persistent link: https://www.econbiz.de/10001563005

Legal corruption, politically connected corporate governance and firm performance

Domadenik, Polona; Prašnikar, Janez; Švejnar, Jan - 2014

In this paper we present and test a theory of how political corruption, found in many transition and emerging market economies, affects corporate governance and productive efficiency of firms. Our model predicts that underdeveloped democratic institutions that do not punish political corruption...

Persistent link: https://www.econbiz.de/10010381906