Showing 67,951 - 67,960 of 69,730
Persistent link: https://www.econbiz.de/10010921510
structure for privatization, the choice among standard and non-standard methods, administration and efficiency of privatization …
Persistent link: https://www.econbiz.de/10010934688
This article compares the characteristics and the price behavior of case-by-case privatization initial public offerings … privatization policy over time by underpricing, selling a high fraction at the initial offer and underpricing more when selling to … domestic retail investors. In the long run privatization initial public offerings experience neither an under- nor an …
Persistent link: https://www.econbiz.de/10010937095
This paper compares the long-run buy-and-hold returns of privatization initial public offerings (IPOs) to those of the … domestic stock markets of respective countries using a sample of 241 privatization IPOs from 41 countries. The evidence … indicates that the privatization IPOs significantly outperform their domestic stock markets if the returns are equally …
Persistent link: https://www.econbiz.de/10010937121
This article investigates the association between stock returns and the annual earnings, derived from the new accounting and reporting standards, of firms listed on the Warsaw Stock Exchange between 1995 and 1997. Following a brief history of the Warsaw Stock Exchange, two major issues affecting...
Persistent link: https://www.econbiz.de/10010937136
This article compares the initial returns of privatization initial public offerings (IPOs) to those of privately …-owned enterprises and investigates the determinants of short-run performance of privatization IPOs, using a sample of 185 privatization … comparing privatization IPOs to the private IPOs, the cross-sectional determinants of privatization initial returns are analyzed …
Persistent link: https://www.econbiz.de/10010937143
The aim of this article is to analyse the relationship between the thinking of a major public finance scholar in the Italian tradition, Antonio De Viti de Marco, and the foundations of the ‘new’ economic policy which, at the end of last century in most industrialised countries, generated a...
Persistent link: https://www.econbiz.de/10010937278
Since the beginning of the 1990’s several models of privatization have been applied in Serbia. While much was written …, and the weaknesses in the monitoring of the privatization process. Another focus is on the inadequate attention paid to … an assessment of privatization as the central and most important aspect of the transition. …
Persistent link: https://www.econbiz.de/10010938610
rapidly changing conditions in a transition economy. The analysis is focused on the question of whether privatization and … liquidated over the period 1999 to 2013. We find that privatization and the choice of privatization option have no effect on the …
Persistent link: https://www.econbiz.de/10010938611
The paper provides analysis of foreign direct investment (FDI) dynamics and its determinants for the group of countries lately referred to as Western Balkans (non-EU ex-Yugoslavia countries plus Albania). Due to vulnerable external positions and enhanced funding requirements related to the EU...
Persistent link: https://www.econbiz.de/10010938617