This paper analyzes the technological efficiency of companies in the European Union (EU). Our extensive database covers … age is negligible, the higher the debt the greater the efficiency, bigger companies are less efficient, and a medium …-level concentration of the market benefits companies. Majority ownership, in contrast, does not lead to higher efficiency, but a …

We employ a large panel data set and analyze efficiency in the Czech firms during 1998-2007. We investigate how their … efficiency evolves over time and how it is affected by ownership structures. Methodologically we employ a panel version of a … through foreign direct investments (FDI). Our results show that concentrated and foreign ownership impact efficiency …

Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in … efficiency, and (iii) high competition is less conductive to efficiency than moderate or low competition. In terms of ownership …, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic …

Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in … efficiency, and (iii) high competition is less conductive to efficiency than moderate or low competition. In terms of ownership …, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic …