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In this paper, we evaluate what we have learned to date about the effects of privatization from the experiences during the last fifteen to twenty years in the postcommunist (transition) economies and, where relevant, China. We distinguish separately the impact of privatization on efficiency,...
Persistent link: https://www.econbiz.de/10009439824
"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...
Persistent link: https://www.econbiz.de/10003791159
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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...
Persistent link: https://www.econbiz.de/10012551741
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 domestic owners are less impressive and...
Persistent link: https://www.econbiz.de/10012747074
Persistent link: https://www.econbiz.de/10008699476
Persistent link: https://www.econbiz.de/10008317406
We explore how the type of owner affects private enterprise investment decisions in Europe. In contrast to the literature, we analyze firms with concentrated (more than 95%) ownership stakes to reduce the potential that agency problems contaminate our results. We consider four types of...
Persistent link: https://www.econbiz.de/10014353521