This paper focuses on the relationship between corporate governance and corporate performance by initial public … privatization (i.e., IPO) has different effects depending on the types of owners to whom it gives control in corporate governance …. This study investigated the long-run stock performance of Kazakhstan companies listed on the London Stock Exchange (LSE …

This paper investigates the existence of ownership effects in the global oil and gas industry, i.e. whether there are … systematic performance and efficiency differentials between National Oil Companies (NOCs) and privately-owned International Oil … efficiency and profitability, this paper nevertheless suggests that a political preference for State Oil usually comes at an …

We examine the relation between state residual ownership and bank risk-taking for privatized banks from 45 countries …. Applying propensity score matching, we find that privatized banks tend to exhibit higher levels of risk-taking post-privatization … ownership and risk-taking. These findings are consistent with the distorted objectives associated with government control, as …

This paper studies the capital allocation decisions of firms that are comparable except for ownership under a unique … setting using investment level data. We find allocative inefficiency across ownership to be exacerbated under policy …

need as suppliers of liquidity. Building on the financing advantage view of state ownership, we theorize how state … the level of state ownership and the provision of trade credit. Using an institution-focused framework, we further … with lower levels of state ownership and higher extents of internationalization offering lower amounts of trade credit …