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Hanousek, Jan; Kočenda, Evžen; Shamshur, Anastasiya - 2015

, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic … majority owners improve efficiency more than foreign majority owners when no minority shareholders are present, but (vi) the … opposite is true when minority shareholders hold a substantial fraction of the firmś equity. In the analysis, we distinguish …

Persistent link: https://www.econbiz.de/10010510115

Corporate efficiency in Europe

Hanousek, Jan; Kočenda, Evžen; Shamshur, Anastasiya - In: The journal of corporate finance : contracting, … 32 (2015), pp. 24-40

Persistent link: https://www.econbiz.de/10011316526

Ownership, control and corporate performance : after large-scale privatization

Hanousek, Jan (contributor); Kočenda, Evžen (contributor); … - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002531070

Origin and Concentration : Corporate Ownership, Control and Performance

Hanousek, Jan; Kočenda, Evžen; Svejnar, Jan - 2023

We analyze the effects of different types and concentration of ownership on performance using a population of firms in a model transition economy after mass privatization. Specifications based on first-differences and unusual instrumental variables show that contrary to conventional wisdom, the...

Persistent link: https://www.econbiz.de/10014257345

Are some owners better than others in Czech privatized firms? : even meta-analysis can't make us perfectly sure

Iwasaki, Ichirō; Kočenda, Evžen - 2017

We use a total of 1171 estimates extracted from 34 previous studies and perform a meta-analysis to examine the relationship between ownership structures and firm performance in the Czech mass-privatized firms. We find that, in contrast to the remarkable effect of foreign ownership on firm...

Persistent link: https://www.econbiz.de/10011686981