Showing 1 - 10 of 31
, privatization, and birth of firms. An understanding of these phenomena is essential for grasping the process of transition and … for CEE on (i) enterprise behavior (in the areas of restructuring and privatization, as well as employment and wage …
Persistent link: https://www.econbiz.de/10014198542
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 …
Persistent link: https://www.econbiz.de/10014212138
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 …
Persistent link: https://www.econbiz.de/10012551741
While privatization of state-owned enterprises has been one of the most important aspects of the economic transition … the determinants of the sequencing of privatization. To obtain testable predictions about factors that may affect …) maximizing privatization revenues. Next, we use firm-level data from the Czech Republic to test the competing theoretical …
Persistent link: https://www.econbiz.de/10014034391
-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/10014151094
-scale privatization economy. Using specifications based on first-differences and unique instrumental variables, we find that few types of … private ownership improve dynamic post-privatization performance. Concentrated foreign (but not domestic) ownership improves …
Persistent link: https://www.econbiz.de/10014068823
-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/10013071449
privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier … find that privatization to domestic owners did not markedly improve the efficiency of firms; domestic firms are not …
Persistent link: https://www.econbiz.de/10013318782
We analyze the effect of ownership on post-privatization performance in a virtually complete population od medium and … large firms privatized in a model large-scale privatization economy (Czech Republic). We find that concentrated foreign …
Persistent link: https://www.econbiz.de/10014030996