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Choice of ownership structure and firm performance : evidence from Estonia

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Choice of ownership structure and firm performance : evidence from Estonia

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Choice of ownership structure and firm performance: Evidence from Estonia

Jones, Derek C.; Kalmi, Panu; Mygind, Niels - 2003

In this paper we use rich panel data for a representative sample of Estonian enterprises to analyse diverse issues related to the determinants of ownership structures and ownership changes after privatisation.A key focus is to determine whether ownership changes are related to economic...