survey data from 300 Ukrainian firms. The main findings are: 1) ownership and competition are linked to managerial change: de … their own but together positively affect profitability. 3) Similarly tough competition improves profitability and … productivity in privatised firms only. 4) These findings suggest that privatisation, competition and managerial change are …

comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are … product market competition experience higher rates of productivity growth. We also find weak evidence for the notion that in …