We use new firm-level data to examine the effects of spinoffs and privatization on corporate performance in a rapidly … spinoffs increase the firm’s profitability but do not alter its scale of operations, while the effect of privatization depends … consistent with tunneling (looting) by managers or (partial) owners. The effects of privatization are hence much less clear …

-scale privatization economy (Czech Republic). Using specifications based on first-differences and unique instrumental variables, we find … that few types of private ownership improve dynamic post-privatization performance. Concentrated foreign (but not domestic …

We use new firm-level data to examine the effects of firm divestitures and privatization on corporate performance in a …'s profitability but do not alter its scale of operations, while the effect of privatization depends on the resulting ownership … structure – sometimes improving performance and sometimes bringing about decline. The effects of privatization are thus more …

high market-relevant skills show a significantly larger support of the privatization status quo than individuals with low …

We use new firm-level data to examine the effects of spinoffs and privatization on corporate performance in a rapidly … spinoffs increase the firm’s profitability but do not alter its scale of operations, while the effect of privatization depends … consistent with tunneling (looting) by managers or (partial) owners. The effects of privatization are hence much less clear …

-scale privatization economy. Using specifications based on first-differences and unique instrumental variables, we find that few types of … private ownership improve dynamic post-privatization performance. Concentrated foreign (but not domestic) ownership improves …

privatization on corporate performance. Unlike the existing literature, which analyzes breakups almost exclusively in advanced … privatization depends on the resulting ownership structure - sometime improving performance and sometime bringing about decline. The … effects of privatization are hence less clear-cut than suggested in earlier studies. Methodologically, our study provides …