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efficiency is determined by ownership structure. We employ a panel version of a stochastic production frontier model for the … period 1996–2007 with time-varying efficiency. We differentiate among various degrees of ownership concentration and domestic … ownership structure on the distance from the efficiency frontier. Our results support the hypothesis that concentrated ownership …
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efficiency is determined by ownership structure. We employ a panel version of a stochastic production frontier model for the … period 1996-2007 with time-varying efficiency. We differentiate among various degrees of ownership concentration and domestic … ownership structure on the distance from the efficiency frontier. Our results support the hypothesis that concentration and …
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