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Russia and other countries in the commonwealth of independent states that have implemented voucher privatization …
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providing public goods and services while leaving competitive areas of the economy to the private sector through privatization …
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probability of privatization. The effects were more pronounced among SOEs under higher threats of privatization (e.g., firms with … side of privatization reforms in mitigating credit misallocation, and enlightens policy makers to practical resolutions to …
Persistent link: https://www.econbiz.de/10012902157
perspective of investment-cash flow sensitivity, and the effects of privatization reform on muffling the institutionally …
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Starting in the late 1990s, China undertook a dramatic transformation of the large number of firms under state control. Small state-owned firms were privatized or closed. Large state-owned firms were corporatized and merged into large industrial groups under the control of the Chinese state. The...
Persistent link: https://www.econbiz.de/10012861063
Starting in the late 1990s, China undertook a dramatic transformation of the large number of firms under state control. Small state-owned firms were privatized or closed. Large state-owned firms were corporatized and merged into large industrial groups under the control of the Chinese state. The...
Persistent link: https://www.econbiz.de/10013026794
This paper studies the impact of SOEs labor restructuring reform in the late 1990s in urban China on individuals' trust in the central and local government. By exploiting provincial variation in number of layoffs, together with cohort-specific variation arising from the negative employment...
Persistent link: https://www.econbiz.de/10012988321