We analyze the extent of the integrated control of the state over privatized firms during the post-privatization decade … bureaucracy are the most likely reasons behind our findings. -- state ownership ; control ; corporate performance ; privatization …

Mass privatization is the centerpiece of policies aiming to sever the old links between state and enterprise and to … the effect of mass privatization. We present a detailed picture of those relations for Mongolia, which has implemented a … comprehensive voucher-privatization scheme. The state interacts with enterprises in multifarious ways, many inconsistent with the …