Showing 1 - 10 of 701
estimate market power (i.e. price-cost margins) and to analyze how these are affected by privatization and increased …
Persistent link: https://www.econbiz.de/10010313301
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
We construct and analyze a unique database with 1992-99 information on privatization transactions and labor … describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm … and domestic blockholders, but insider and mass privatization are also estimated to have positive, although smaller …
Persistent link: https://www.econbiz.de/10011402871
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
This paper analyses the causes of managerial change and the impact of different reforms on firm performance, using survey data from 300 Ukrainian firms. The main findings are: 1) ownership and competition are linked to managerial change: de novo firms but also privatised firms experienced less...
Persistent link: https://www.econbiz.de/10009755918
-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 … remaining in samples when estimating the effects of privatization or other ownership changes. We also show that one needs to …
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
Using China's Non-tradeable Share (NTS) reform as a natural experiment and exploiting its staggered adoption, we assess the impact of share privatisation on corporate performance and earnings management. 2005 NTS reform required all listed firms with NTS to adopt it by 2006 though the process of...
Persistent link: https://www.econbiz.de/10012854888
In this study, using a unique firm-level survey database, I investigate innovation for privatized former state-owned enterprises (SOEs) versus originally private (de novo) firms in 30 Eastern European and Central Asian countries. I also examine how innovation related activities and practices...
Persistent link: https://www.econbiz.de/10012895917
The aim of this work is to investigate the determinants and why and how the post-privatization firm's performance … performance behavior, based on the agency, property rights and public choice theories. We conclude that the privatization itself … companies are listed in a stock exchange after privatization, when they are privatized by an initial public offering and when …
Persistent link: https://www.econbiz.de/10012975403