-oriented issue of why a large number of efficient firms disappeared during mass privatization in a booming economy of Montenegro …. Econometrically, we present the first study to look at firms that disappeared during a mass privatization transition, improving upon … remaining in samples when estimating the effects of privatization or other ownership changes. We also show that one needs to …

-oriented issue of why a large number of efficient firms disappeared during mass privatization in a booming economy of Montenegro …. Econometrically, we present the first study to look at firms that disappeared during a mass privatization transition, improving upon … remaining in samples when estimating the effects of privatization or other ownership changes. We also show that one needs to …

We construct and analyze a unique database with 1992-99 information on privatization transactions and labor … describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm … and domestic blockholders, but insider and mass privatization are also estimated to have positive, although smaller …

the privatization. The two key mechanisms explaining the results are: (i) a government owner keeping control takes into …

privatization literature, we argue that the transformed COEs in the ongoing organizational transformation process may achieve better …

Why do the reported effects of privatization on firm performance vary so much? This paper re-estimates these effects …, but they vary across countries and time periods. Our analysis of heterogeneity in privatization effectiveness finds little …

, privatization methods had a lasting effect on ownership structure in Ukraine …

1995. We focus on the two primary types of ownership change in Russia: the privatization of existing state …

the privatization. The two key mechanisms explaining the results are: (i) a government owner keeping control takes into …

We construct and analyze a unique database with 1992-99 information on privatization transactions and labor … describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm … and domestic blockholders, but insider and mass privatization are also estimated to have positive, although smaller …