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In this paper we analyze the evolution of firm efficiency in the Czech Republic. Using a large panel of more than 190 …,000 Czech firm/years we study whether firms fully utilize their resources, how firm efficiency evolves over time, and how firm … efficiency is determined by ownership structure. We employ a panel version of a stochastic production frontier model for the …
Persistent link: https://www.econbiz.de/10013107261
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 …
Persistent link: https://www.econbiz.de/10010510115
In this paper we analyze the evolution of firm financial efficiency in the Czech Republic. Using a large panel of more … than 400,000 Czech firm/years we study whether firms fully utilize their resources, how firm financial efficiency evolves … over time, and how firm financial efficiency is determined by ownership structure. We employ a panel ver-sion of a …
Persistent link: https://www.econbiz.de/10009129943
We study the effects of corruption on firm efficiency using a unique dataset of private firms from 14 Central and … adverse effect on firm efficiency. This effect is stronger for firms with a lower propensity to behave corruptly, such as … associated with an increase in firm efficiency. This effect is particularly strong for foreign-controlled firms from low …
Persistent link: https://www.econbiz.de/10012950337
In this paper we analyze the evolution of firm financial efficiency in the Czech Republic. Using a large panel of more … than 400,000 Czech firm/years we study whether firms fully utilize their resources, how firm financial efficiency evolves … over time, and how firm financial efficiency is determined by ownership structure. We employ a panel version of a …
Persistent link: https://www.econbiz.de/10013121398
In this paper we analyze the evolution of firm financial efficiency in the Czech Republic. Using a large panel of more … than 400,000 Czech firm/years we study whether firms fully utilize their resources, how firm financial efficiency evolves … over time, and how firm financial efficiency is determined by ownership structure. We employ a panel version of a …
Persistent link: https://www.econbiz.de/10013122351
In this paper we analyze the evolution of firm financial efficiency in the Czech Republic. Using a large panel of more … than 400,000 Czech firm/years we study whether firms fully utilize their resources, how firm financial efficiency evolves … over time, and how firm financial efficiency is determined by ownership structure. We employ a panel ver-sion of a …
Persistent link: https://www.econbiz.de/10010281899
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 …
Persistent link: https://www.econbiz.de/10011348183
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 …
Persistent link: https://www.econbiz.de/10011213309
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 …
Persistent link: https://www.econbiz.de/10011227871