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 reject the hypothesis that domestic … banks and portfolio companies as single largest owners (SLO) are incapable of carrying out major restructuring. Foreign …

This paper seeks to provide an answer to the following question, namely when and how does privatization work? Using a …, efficiency, investment and output. Next, using univariate tests, we show that corporate governance mechanisms and economic … reforms and environment have an effect on the changes in operating performance. For example, we find that privatization yields …

quantitative analysis of mass privatization programs in the postcommunist world. We argue that rapid large-scale privatization … implementation of mass privatization programs negatively impacts measures of economic growth, state capacity and the security of …

We use new firm-level data to examine the effects of firm divestitures and privatization on corporate performance in a …'s profitability but do not alter its scale of operations, while the effect of privatization depends on the resulting ownership … structure – sometimes improving performance and sometimes bringing about decline. The effects of privatization are thus more …

the state and municipalities. The main goal in privatisation process is to successfully privatise objects owned by the … creating the new ones, renew production and create a certain infrastructure, which should be privatised itself.Privatisation in … stage in Lithuania 5714 objects for LTL 3.4 billion were privatised. The second privatisation stage started in 1996, the …

, these tasks must be performed: analysis of real- estate objects privatization through public auctions in Lithuania; list …

This study investigates the impact of privatization on the relationship between gross capital accumulation, employment …. Employing econometric analysis and cointegration evaluation, the study reveals that privatization has had a mixed impact on CIS … economies. While privatization has contributed to increased capital accumulation and employment in some countries, it has also …

This dissertation examines the factors associated with sustainable privatization of infrastructure projects …. Privatization offers a way for governments to make infrastructure delivery more effective and efficient than exclusively public … data and analysis to answer three selected questions regarding sustainable privatization:,,hWhat causes the private sector …