' ownership, including privatization, in order to eliminate government control of SOEs. The management school emphasizes the need …

-scale privatization economy (Czech Republic). Using specifications based on first-differences and unique instrumental variables, we find … that few types of private ownership improve dynamic post-privatization performance. Concentrated foreign (but not domestic …

This paper explores the effect of mass privatization and the development of a new private sector in Russia on the wage … rather than increased efficiency due to privatization, although the evidence is inconclusive on this point. …

We explore the impact of privatization and the entry of new firms on enterprise performance in Belarus, a transition …

This paper seeks to provide an answer to the following question, namely when and how does privatization work? Using a … reforms and environment have an effect on the changes in operating performance. For example, we find that privatization yields … post-privatization performance changes. In particular, economic growth, control relinquishment by the government and …

determining the value of the firm in the event of privatization. We consider how bank decisions interact with those of … governmental leaders and firm managers and ultimately determine the attractiveness of privatization. We also analyze the conditions … under which shutdown might be preferred to privatization as a method to divest of government-owned firms. We find that this …

large, independent effects on efficiency: in 1993, a full privatization is estimated to increase plant-level total factor … productivity by 23 percentage points. Even without privatization, however, eliminating soft loans could raise total factor …

We analyze the effect of ownership on post-privatization performance in a virtually complete population of medium and … large firms privatized in a model large-scale privatization economy (Czech Republic). We find that concentrated foreign …

is privatized. In the short run, privatization is harmful because all prices rise; the disciplinary role of the public … firm is lost. In the long run, privatization leads to further entry; the net effect is beneficial if consumer preference …