Showing 1 - 10 of 894
describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm …We construct and analyze a unique database with 1992-99 information on privatization transactions and labor … significant effect of private ownership share on the level and growth of labor productivity, the estimates ranging from 13 to 32 …
Persistent link: https://www.econbiz.de/10011402871
reforms in India, the results of our empirical analysis provide evidence of strong ownership effects with board independence …
Persistent link: https://www.econbiz.de/10011852430
industry. Moreover, ownership type and firms' entry and exit are exogenous determinants of technical inefficiency. State …
Persistent link: https://www.econbiz.de/10013454240
estimate market power (i.e. price-cost margins) and to analyze how these are affected by privatization and increased … competitive pressure. In contrast to earlier work that analyzes the effect of ownership on firm perfirmance, the estimation method …
Persistent link: https://www.econbiz.de/10010313301
We provide a model that explains the following empirical observations: i) private ownership is more efficient than … public ownership, ii) privatizations are associated with increases in efficiency and iii) the increase in efficiency predates … the privatization. The two key mechanisms explaining the results are: (i) a government owner keeping control takes into …
Persistent link: https://www.econbiz.de/10010320092
privatized firms. First, accounting data prior to and after the privatization are employed to measure the operating performance … are significantly different to private counterparts. Overall results, however, show that the privatization in Sweden was … ; performance measure ; privatization ; ratio analysis ; event-study ; public and private relationship …
Persistent link: https://www.econbiz.de/10003796384
survey data from 300 Ukrainian firms. The main findings are: 1) ownership and competition are linked to managerial change: de …
Persistent link: https://www.econbiz.de/10009755918
remaining in samples when estimating the effects of privatization or other ownership changes. We also show that one needs to …-oriented issue of why a large number of efficient firms disappeared during mass privatization in a booming economy of Montenegro …. Econometrically, we present the first study to look at firms that disappeared during a mass privatization transition, improving upon …
Persistent link: https://www.econbiz.de/10010226663
The paper focuses on the analysis of the privatization process conducted in the years 2008-2011 with an attempt to show … a broad picture of privatization in Poland, indicate resources that still exist although hidden and show government … practices in making privatization more effective or, on the contrary, in carrying out quasi-privatization practices. Three main …
Persistent link: https://www.econbiz.de/10010468356
We provide a model that explains the following empirical observations: i) private ownership is more efficient than … public ownership, ii) privatizations are associated with increases in efficiency and iii) the increase in efficiency predates … the privatization. The two key mechanisms explaining the results are: (i) a government owner keeping control takes into …
Persistent link: https://www.econbiz.de/10013130694