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Privatization is often viewed as a necessary condition for improved corporate performance. We use a 1992-98 panel of … the population of Czech industrial firms to assess the effect of mass privatization on corporate performance. Using …-owned enterprises. The results with respect to privatization to domestic owners are much less impressive. Our study provides strong …
Persistent link: https://www.econbiz.de/10014032923
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privatization were completed, with the corresponding performance change of matched companies that remain domestically owned until …
Persistent link: https://www.econbiz.de/10013155948
The objective of this paper is to empirically examine the relationship between the firms’ ownership and control structure, in particular the presence of foreign capital, and their internationalization levels, measured in terms of intensity and diversification. The international performance of...
Persistent link: https://www.econbiz.de/10012821278
In the literature on corporate social responsibility (CSR) the origin of the equity is seen as one the drivers of CSR. There is evidence of multinational corporations stimulating diffusion of CSR practices in a few emerging economies. There are no similar studies focusing on the Polish economy....
Persistent link: https://www.econbiz.de/10011865587
This paper examines the relationships among foreign ownership, capital structure, and firm value in the case of listed firms in Vietnam. Using fixed effect model on data of all listed companies (exclude financial firms and banks) in Hochiminh Stock Exchange during the period of 2008-2011, the...
Persistent link: https://www.econbiz.de/10013064795
Using data from a survey conducted by the World Bank in China, this paper shows that foreign ownership enhances firm productivity. We also find that only equity ownership from foreign firms can have such a positive impact, but not ownership from foreign institutional investors, banks, or...
Persistent link: https://www.econbiz.de/10013155245
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We study how foreign ownership relates to financial performance in a sample of large privately held Spanish subsidiaries. We find that, although foreign group subsidiaries report higher sales turnover than subsidiaries of local groups, they lose their sales advantage at the operating income...
Persistent link: https://www.econbiz.de/10012928611
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