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"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 to domestic owners are less impressive and vary across regions, coinciding with differences in policies and …
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The paper evaluates the effects of privatization in the post-communist economies and China. In post-communist economies … privatization to foreign owners results in arapid improvement in performance of firms, while performance effects of privatization to … development. In China relatively more estimates suggest that privatization to domestic owners improves the level of performance …
Persistent link: https://www.econbiz.de/10012747074
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 …
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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 …
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