Showing 1 - 10 of 29
transformation process is shown by highlighting the case of Slovenia. The Housing Act in particular has created lendable property … investments. The transformation process in Slovenia shows that not due to a shortage of resources or money countries are …
Persistent link: https://www.econbiz.de/10009468280
longitudinal data set on all manufacturing firms in Slovenia over the period 1994-2001, this study analyzes how firm efficiency …
Persistent link: https://www.econbiz.de/10009476690
This paper examines the role of inward foreign direct investment (FDI) in firm selection processes in the Slovenian manufacturing sector in the 1994-2003 period by assessing the impact of the entry and presence of foreign firms on a domestic firm’s probability of exiting. The results confirm...
Persistent link: https://www.econbiz.de/10009476881
There is a continuing debate on whether or not ownership changes accompanying privatization of state-owned enterprises … of telecommunication firms around the world, 4 years before and 4 years after privatization, using two parallel measures … could corroborate stronger evidence for or against maintained hypothesis of performance improvements after privatization …
Persistent link: https://www.econbiz.de/10009441699
and revisits policy implications. Practical implications – No one policy fits all in Indonesia for privatization programme …
Persistent link: https://www.econbiz.de/10009441700
Privatization and market liberalization are widely considered to be complementary reforms in transition economies. This … pursued too vigorously, privatization may actually impede the transition process following market liberalization. Our result … analysis, less than full privatization is optimal when the costs of learning are sufficiently important. …
Persistent link: https://www.econbiz.de/10009447260
This paper examines the fiscal impact of privatization revenues in 47 developing countries. There are many reasons that … privatization is attractive for the central government of developing countries. If substantial, these revenues from the sale of … state owned enterprises can present a potential solution to persistent deficits. On the other hand, the privatization …
Persistent link: https://www.econbiz.de/10009468754
Actual investment performance reflects the underlying strategy of the portfolio manager and the execution costs incurred in realizing those objectives. Execution costs, especially in illiquid markets, can dramatically reduce the notional return to an investment strategy. This paper examines the...
Persistent link: https://www.econbiz.de/10009476685
This paper uses a survey of 3,300 firms in 25 transition countries to shed light on the factors that influence restructuring by firms and their subsequent performance as measured by growth in sales and in sales per employee over a three-year period. We begin by surveying what a decade of...
Persistent link: https://www.econbiz.de/10009476768
mass privatization program) creates severe supply-and-demand shocks for enterprises, inducing firm failure. This leads to a …
Persistent link: https://www.econbiz.de/10009476836