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Improving the business climate in Russia
Radziwill, Artur; Vaziakova, Yana - 2015
Economic growth is below what would be needed to resume rapid convergence to average OECD living standards. On-going efforts to improve the business climate are laudable, but need to be widened and strengthened. Much progress has been achieved in reducing red tape, but it is only recently that...
Persistent link: https://www.econbiz.de/10011392847
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The organisation of services of general interest in Finland
Willner, Johan; Grönblom, Sonja - 2016
Like in most other European countries, services of general interest in Finland have in recent years been subject to competition, increased private provision, and in some cases privatisation. This development is motivated by expected cost reductions, by EU regulations, by ideology and fashion,...
Persistent link: https://www.econbiz.de/10011437146
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State Ownership and Corporate Leverage Around the World
De Haas, Ralph; Guriev, Sergei; Stepanov, Alexander - 2022
Does state ownership hinder or help firms access credit? We use data on almost 4 million firms in 89 countries to study the relationship between state ownership and corporate leverage. Controlling for country-sector-year fixed effects and conventional firm-level determinants of leverage, we show...
Persistent link: https://www.econbiz.de/10013289156
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State Ownership and Corporate Leverage Around the World
De Haas, Ralph; Guriev, Sergei; Stepanov, Alexander - 2022
Does state ownership hinder or help firms access credit? We use data on almost 4 million firms in 89 countries to study the relationship between state ownership and corporate leverage. Controlling for country-sector-year fixed effects and conventional firm-level determinants of leverage, we show...
Persistent link: https://www.econbiz.de/10013289285
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State-Owned Banks from Romania
Dumitriu, Ramona - 2012
In Romania, as in many Central and Eastern Europe countries, during the communist regime all the banks were owned by the state and their activities were circumscribed by rigid norms. After the communist regime had fallen, the state owned banks had to adapt to a competitive environment. The...
Persistent link: https://www.econbiz.de/10013099045
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State-owned suppliers, political connections and performance of privately-held firms : evidence from Belgian firm data
Muylle, Pablo; Dhyne, Emmanuel - 2024
While past decades were characterized by economic liberalization and deregulation, there re-mains an enduring presence of political influence over the private economy. Such influence can either benefit (e.g. government support addressed at survival and growth prospects) or harm (e.g. reduced...
Persistent link: https://www.econbiz.de/10014635316
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Italian state-owned enterprises after decades of reforms : still public?
Clò, Stefano; Di Giulio, Marco; Galanti, Maria Tullia; … - 2015
The present paper analyzes the top ten Italian state-owned enterprises (SOEs) over the period 2004-2013, after both their corporate organization and their markets have been deeply reformed. We question whether SOEs' strategies are more profit or public oriented. The authors find that, on...
Persistent link: https://www.econbiz.de/10011432120
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The political economy of privatization : why do governments want reforms?
Börner, Kira Astrid - 2004
International organizations promote privatization as precondition for economic development. But is there really too … little privatization? This political economy model asks for the incentives of governments to privatize or restructure a state …-owned firm. Different government types are compared to identify the political and institutional determinants of privatization …
Persistent link: https://www.econbiz.de/10010440441
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Chapter 21 Not-for-profit ownership and hospital behavior
Sloan, Frank A. - In: Handbook of health economics : volume 1, part B, (pp. 1141-1174). 2000
The for-profit hospital is in the minority numerically in all developed countries. Although the for-profits' market share has been quite stable for decades, for-profit chains have grown in share and influence in the United States. By contrast, for-profit chains have made few inroads in other...
Persistent link: https://www.econbiz.de/10014024184
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The motives for issuing exchangeable bonds in the privatization of state-owned enterprises
Kaźmierczak, Damian - In: Comparative economic research : Central and Eastern Europe 26 (2023) 2, pp. 33-49
investigates the role of hybrid debt in the privatization of state‑owned enterprises (SOEs) via government‑controlled investment … in Europe and Asia. Moreover, in some cases, the privatization of SOEs by means of exchangeables can prove to be a more … shareholders. Third, the entire privatization process tends to be more flexible for issuers in that they can perceive exchangeables …
Persistent link: https://www.econbiz.de/10014339792