Privatization is often viewed as a necessary condition for improved corporate performance. We use a 1992-98 panel of … the population of Czech industrial firms to assess the effect of mass privatization on corporate performance. Using …-owned enterprises. The results with respect to privatization to domestic owners are much less impressive. Our study provides strong …

We use new firm-level data to examine the effects of firm divestitures and privatization on corporate performance in a … rapidly emerging market economy. Unlike the existing literature, we control for accompanying ownership changes and the fact …'s profitability but do not alter its scale of operations, while the effect of privatization depends on the resulting ownership …

-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 …

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 …

We analyze the effect of ownership on post-privatization performance in a virtually complete population of medium and … large firms privatized in a model large-scale privatization economy (Czech Republic). We find that concentrated foreign …

We analyze the effect of ownership on post-privatization performance in a virtually complete population of medium and … large firms privatized in a model large-scale privatization economy (Czech Republic). We reject the hypothesis that domestic …

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 …

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 …

-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 …