public and private utilities' efficiency …While the link between the ownership and productive efficiency of firms has been discussed extensively, no consensus … flexible production model to test for efficiency differences associated with ownership types while allowing the production to …

Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in … efficiency, and (iii) high competition is less conductive to efficiency than moderate or low competition. In terms of ownership …, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic …