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This paper analyzes the relationship of ownership concentration and firm performance in the context of different institutional environments in 28 Central and Eastern European transition economies. Using the BEEPS data for the period from 2002 to 2009 we find an inverted u-shaped relation of...
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faced and their business environment. The business environment includes physical infrastructure, the availability of an … firms but also the effects of the planning legacy. -- infrastructure ; human capital ; institutions ; planned economy …
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