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The aim of this study is to research the influence of ownership structure on firm value in order to provide, from our knowledge, the first results for the case of the Bucharest stock exchange listed companies. Therefore, we have considered the shareholdings of the following types of...
Persistent link: https://www.econbiz.de/10011268823
In the paper the main aspects regarding timber harvesting in our country in the current conditions of national forest land are presented. In this respect, the following issues are tackled: ownership structure, management conditions, technical endowment level of the timber harvesting economic...
Persistent link: https://www.econbiz.de/10010900707
Romania by offering organic vegetable to their local contracted consumers in the Western part of the country. All three CSA … groups were initiated by a local NGO. Our empirical results shed light on CSA partnerships in Romania. With regard to …
Persistent link: https://www.econbiz.de/10010980670
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transition economies to estimate the impacts of privatization on employment and wages. The results in all four countries … consistently reject job losses and they never imply large wage cuts from privatization to either foreign or domestic owners. The … domestic privatization estimates are close to zero for employment, while for wages they are negative but small in magnitude …
Persistent link: https://www.econbiz.de/10005233777
models imply that majority privatization raises MFP about 15% in Romania, 8% in Hungary, and 2% in Ukraine, while in Russia …This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the … measure and control for pre-privatization selection bias and to estimate long-run impacts. We find that the magnitudes of our …
Persistent link: https://www.econbiz.de/10005292578
be privatized in all of the member states. Based on a comparative analysis made between Japan and Romania, the paper … shows that railways privatization can be a successful story. …
Persistent link: https://www.econbiz.de/10005151180
We analyze the effects of privatization on firm-level wages and employment in four transition economies. Contrary to … workers' fears, our fixed effect and random trend estimates imply little effect of domestic privatization, except for a slight … countries. The negligible employment impact of domestic privatization results from effects on efficiency and scale that are …
Persistent link: https://www.econbiz.de/10005157524