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The authors provide evidence on the impact of foreign ownership on labor market outcomes analyzing pay differences between foreign-acquired and domestically owned firms. For this purpose, they use firm-level data from 16 European countries over the time period 19992006. Combing propensity score...
Persistent link: https://www.econbiz.de/10010309046
In our article we present the use of hybrid securities in the privatization process. We show that exchangeable bonds … may be successfully applied during privatization of state companies throughout the world. It may be profitable for many … privatization processes by means of exchangeable bonds i.a. in Germany and in Austria. Most of such operations, e.g. German Deutsche …
Persistent link: https://www.econbiz.de/10011551411
investigates the role of hybrid debt in the privatization of state-owned enterprises (SOEs) via government-controlled investment … in Europe and Asia. Moreover, in some cases, the privatization of SOEs by means of exchangeables can prove to be a more … shareholders. Third, the entire privatization process tends to be more flexible for issuers in that they can perceive exchangeables …
Persistent link: https://www.econbiz.de/10014516373
Labor informality and poverty are at high levels in Latin America. In developing countries, poverty and the labor market are related not through unemployment but through employment. The purpose of this paper is to analyze the link between labor informality and poverty in Colombia. To do so,...
Persistent link: https://www.econbiz.de/10014553768
Using the Ordinary Least Square (OLS) estimation technique based on a sample of 180 listed firms from 2008 to 2018, this study investigates the impact of institutional ownership on firm performance in the Bangladeshi setting. Consistent with the "active monitoring" view, the results indicate...
Persistent link: https://www.econbiz.de/10014332723
In this research, we focus on effects of foreign direct investments in Southeast European economies. Using World Bank Microdata Library and specifically Enterprise Surveys, we take a sample of six countries. The model is based on firm-level data of a representative sample of economy's private...
Persistent link: https://www.econbiz.de/10011552040
Industrial decline and restructuring in the transition economies presents a prime example of the relationship between changes in aggregate economic indicators and underlying microeconomic adjustments. This paper employs matched labor force survey data to focus on the magnitude and determinants...
Persistent link: https://www.econbiz.de/10010333102
privatization process of hospitality companies in Serbia i.e. only ownership transformation, as part of business transformation, was …'t implement). Secondly, non-acceptable terms and conditions of credit lines for financing privatization and future business of …
Persistent link: https://www.econbiz.de/10011787189
Examining the implications of changes in public sector wage-setting arrangements due to privatization is a relatively …
Persistent link: https://www.econbiz.de/10011745348
There is massive and growing volume of literature on human capital and productivity. However, there is little emphasis … women's empowerment through the "factor accumulation channel" and the "productivity channel" on SADC using cross …-run effects using the CS-ARDL shows that the factor accumulation and productivity channels of women's empowerment have not …
Persistent link: https://www.econbiz.de/10014332689