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Jurnalistii si factorul politic in anul 2004
Branea, Silvia; Marinescu, Valentina - Volkswirtschaftliche Fakultät, … - 2005
This study attempts to identify some characteristics of the relationship between journalists and politicians. The methodology of the research is based on the analysis of responses to interviews in depth applied to a sample of 50 print and audiovisual journalists from Bucharest, Suceava, Pitesti,...
Persistent link: https://www.econbiz.de/10011109022
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A Soviet Enterprise's Journey from Domestic to Global Markets: The Adaptation Process of Mining Giant Norilsk Nickel
RAUTIO, Vesa; KOSONEN, Riitta - In: The Journal of Comparative Economic Studies (JCES) 2 (2006) July, pp. 33-58
Two Finnish geographers examine the adaptation process of former Soviet enterprise Norilsk Nickel to a market economy in the post-Soviet era. In a relatively short period of time, Norilsk Nickel has managed to achieve a leading position in the global metal market, particularly in the nickel and...
Persistent link: https://www.econbiz.de/10010625685
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Privatization and Restructuring in Concentrated Markets
Norback, Pehr-Johan; Persson, Lars - 2004
This paper examines the restructuring of state assets in markets deregulated by privatizations and investment … liberalizations. We show that the government has a stronger incentive to restructure than the buyer: A firm restructuring only takes … into account how much its own profit will increase. The government internalizes that restructuring increases the sales …
Persistent link: https://www.econbiz.de/10011324978
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Privatization, Investment and Ownership Efficiency
Friberg, Richard; Norbäck, Pehr-Johan; Persson, Lars - 2008
We provide a model that explains the following empirical observations: i) private ownership is more efficient than public ownership, ii) privatizations are associated with increases in efficiency and iii) the increase in efficiency predates the privatization. The two key mechanisms explaining...
Persistent link: https://www.econbiz.de/10010320092
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Privatization and Restructuring in Concentrated Markets
Norbäck, Pehr-Johan; Persson, Lars - 2003
This paper examines the restructuring of state assets in markets deregulated by privatizations and investment … liberalizations. We show that the government has a stronger incentive to restructure than the buyer: A firm restructuring only takes … into account how much its own profit will increase. The government internalizes that restructuring increases the sales …
Persistent link: https://www.econbiz.de/10010320155
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On the Role of Banks in Enterprise Restructuring
Carare, Octavian - Department of Economics and Finance Research and … - 1995
, before starting the process of enterprise restructuring, it is necessary to reform the financial sector. It also provides … restructuring. The data collected from 256 state-owned enterprises relate the real bank borrowing to the profits of the enterprises …
Persistent link: https://www.econbiz.de/10005764125
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Privatization and Restructuring in Concentrated Markets
Norbäck, Pehr-Johan; Persson, Lars - C.E.P.R. Discussion Papers - 2005
This Paper examines the restructuring of state assets in markets deregulated by privatizations and investment … acquiring firm: A restructuring firm only takes into account how much its own profit will increase. The government internalizes … that restructuring increases the sales price not only due to the increase in the acquirer's profit, but also due to a …
Persistent link: https://www.econbiz.de/10005792109
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Fire the Manager to Improve Performance? Managerial Turnover and Incentives After Privatization in the Czech Republic
Fidrmuc, Jan; Fidrmuc, Jana - C.E.P.R. Discussion Papers - 2004
This Paper analyses the effect of the introduction of managerial incentives and new human capital on enterprise performance after privatization in the Czech Republic. We find weak evidence for the presence of managerial incentives: only in 1997, three to four years after privatization, does poor...
Persistent link: https://www.econbiz.de/10005792419
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On the Role of Bank Competition for Corporate Finance and Corporate Control in Transition Economies
Schnitzer, Monika - C.E.P.R. Discussion Papers - 1998
Banks play a central role in financing and monitoring firms in transition economies. This study examines how bank … competition affects the efficiency of credit allocation; monitoring of firms; and the firms' restructuring effort. In our model … though it lowers its expected profits. Furthermore, competition has a positive impact on the firms restructuring efforts …
Persistent link: https://www.econbiz.de/10005792444
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Privatization, Investment and Ownership Efficiency
Friberg, Richard; Norbäck, Pehr-Johan; Persson, Lars - Institutet för Näringslivsforskning (IFN) - 2008
We provide a model that explains the following empirical observations: i) private ownership is more efficient than public ownership, ii) privatizations are associated with increases in efficiency and iii) the increase in efficiency predates the privatization. The two key mechanisms explaining...
Persistent link: https://www.econbiz.de/10005771095