Exploiting a unique institutional feature of the early Romanian privatization setup, when a group of firms was explicitly barred from any privatization, we test how politicians select firms into privatization. Using comprehensive data that includes all firms inherited from socialism, we estimate...

Um Wettbewerbsvorteile gegenüber konkurrierenden Unternehmen zu erreichen werden oft Änderung in der Arbeitsorganisation und der Personalpolitikvorgenommen oder neue, innovative Maßnahmen des Personalmanagements eingeführt. Dabei führt die Veränderung oder Einführung einzelner Maßnahmen...

Exploiting a unique institutional feature of the early Romanian privatization setup, when a group of firms was explicitly barred from any privatization, we test how politicians select firms into privatization. Using comprehensive data that includes all firms inherited from socialism, we estimate...