Smith, Stephen C.; Cin, Beom-Cheol; Vodopivec, Milan - 1998
encouraged or discouraged in privatization; but empirical evidence is scarce. This paper employs a unique data set on Slovene … firms in an early period of "spontaneous privatization." Characteristics of the incidence of privatization to employee and … foreign owners, and subsequent firm performance, are examined. The paper controls for simultaneity between privatization and …