Showing 1 - 10 of 1,892
The current paper analyzes the impacts of privatization of Sudan air carrier, Sudan Airways. The hypothetical framework … in this study is that alternative policies other than privatization are feasible. Sudan airways represents the …. Experience shows that privatization needs large amount of capital plus qualified managerial, technical, financial and marketing …
Persistent link: https://www.econbiz.de/10013130174
It is the common understanding that private lenders evaluate and price the debt contract based on the credit rating, default risk and firm characteristics of the borrowing firms. This paper takes a different angel and investigates the extent to which the loan contract incorporates and reflects...
Persistent link: https://www.econbiz.de/10013034593
The aim of this article is to summarize the results of published researches conducted in the area of influence of ownership forms on companies and financial performance and to highlight the specifics of these relations in the environment of transition economies. Several authors have documented...
Persistent link: https://www.econbiz.de/10010226686
privatization (i.e., IPO) has different effects depending on the types of owners to whom it gives control in corporate governance …
Persistent link: https://www.econbiz.de/10012212672
quickly diminish over time. -- firm divestiture ; corporate performance ; ownership changes ; privatization ; emerging markets …
Persistent link: https://www.econbiz.de/10008738365
We construct and analyze a unique database with 1992-99 information on privatization transactions and labor … describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm … and domestic blockholders, but insider and mass privatization are also estimated to have positive, although smaller …
Persistent link: https://www.econbiz.de/10011402871
This paper works with a broad data sample of Czech voucher-privatized firms during 1996-1999. It analyzes the development of ownership structure and consequently its effect on a firm's performance Ownership concentration had been quite high in 1996 and steadily increased. The single largest...
Persistent link: https://www.econbiz.de/10013153541
The aim of this study is to investigate the pre- and post-privatization financial and operational performance of forty … two Portuguese companies in most of sectors of economic activity that experience full or partial privatization through … whether or not the privatization of sate-owned enterprises (SOE's) had caused improvements on the economic and financial …
Persistent link: https://www.econbiz.de/10012962845
Previous theoretical and empirical studies suggest that CEOs' political connections are valuable to firms. We examine whether such connections become constraints if the expected political capital fails to materialize and the firm lacks other type of political power in place. Using a sample of...
Persistent link: https://www.econbiz.de/10012972711
The aim of this work is to investigate the determinants and why and how the post-privatization firm's performance … performance behavior, based on the agency, property rights and public choice theories. We conclude that the privatization itself … companies are listed in a stock exchange after privatization, when they are privatized by an initial public offering and when …
Persistent link: https://www.econbiz.de/10012975403