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We analyze the effects of ownership type and concentration on performance of a population of firms in a model large … that few types of private ownership improve dynamic post-privatization performance. Concentrated foreign (but not domestic …) ownership improves some measures of performance relative to state ownership. Foreign investors engage in strategic restructuring …
Persistent link: https://www.econbiz.de/10005652527
We analyze the effect of ownership on post-privatization performance in a virtually complete population of medium and … ownership improves economic performance, but domestic private ownership does not, relative to state ownership. Foreign firms … increasing profit. Ownership concentration is associated with superior performance, thus providing support to the agency theory …
Persistent link: https://www.econbiz.de/10005652658
We analyze the effect of ownership on post-privatization performance in a virtually complete population of medium and … banks and portfolio companies as single largest owners (SLO) are incapable of carrying out major restructuring. Foreign …, private ownership tends to be associated with superior performance in terms of some indicators but not others, and dispersed …
Persistent link: https://www.econbiz.de/10005784695
of firm-level heterogeneity in technical and allocative efficiency levels. FDM is implemented on a G-5 banking dataset … covering the period 1989-1996. Significant scale economies are found for large banks. Most firms are found to increasingly … suffer from excess labour. For French and German banks, the impact of labour market rigidities seems considerable. The …
Persistent link: https://www.econbiz.de/10005047831
In this paper we evaluate the financial performance of virtually all of the branch offices of a large European savings … financial performance, in terms of their ability to conserve on the expenses they incur in the process of building their … offices to perform this task, and substantial agreement on the identity of the branches at the bottom of the performance …
Persistent link: https://www.econbiz.de/10014051307
. Consequently, this research offers insights into identifying exemplary banks that can serve as models for enhancing the performance … indicators pertaining to banks holds fundamental importance in the evaluation of bank stability and sustainability. This research … Herzegovina (BiH). Specifically, the objective is to rank banks according to their financial indicators, utilizing financial data …
Persistent link: https://www.econbiz.de/10014558449
. Consequently, this research offers insights into identifying exemplary banks that can serve as models for enhancing the performance … indicators pertaining to banks holds fundamental importance in the evaluation of bank stability and sustainability. This research … Herzegovina (BiH). Specifically, the objective is to rank banks according to their financial indicators, utilizing financial data …
Persistent link: https://www.econbiz.de/10014496310
Economic development implies that the efficiency of firms in developing countries is approaching that of firms in … privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier … find that privatization to domestic owners did not markedly improve the efficiency of firms; domestic firms are not …
Persistent link: https://www.econbiz.de/10010271756
Economic development implies that the efficiency of firms in developing countries is approaching that of firms in … privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier … find that privatization to domestic owners did not markedly improve the efficiency of firms; domestic firms are not …
Persistent link: https://www.econbiz.de/10013318782
Economic development implies that the efficiency of firms in developing countries starts approaching that of firms from … for endogeneity of ownership, we find that foreign ownership markedly improved the efficiency of firms, whereas domestic … private ownership did not; domestic firms are not catching up to the (world) efficiency standard given by foreign-owned firms …
Persistent link: https://www.econbiz.de/10011010020