Domadenik, Polona; Pahor, Marko; Lizal, Lubomir - 2005
The empirical transition literature on the comparison of restructuring prior to privatization is quite limited … privatization. Using firm-level data, we estimate the effects of the break-ups of enterprises on the subsequent performance of the … "master enterprises" and spun off divisions during the period of privatization. We estimate the performance effects by …