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State Ownership and Corporate Innovative Efficiency

Cao, Jerry - 2020

In this paper, we investigate the innovative efficiency of SOEs in China. Innovative efficiency refers to output of patents per dollar spending of R&D expenditure. The data indicate that minority SOEs are substantially more innovatively efficient than nonSOEs and majority SOEs. The relative...

Persistent link: https://www.econbiz.de/10012835354

Financing Patterns in Transition Economies : Privatized Former SOEs versus Ab Initio Private Firms

Liu, Yu - 2019

We employ 19,521 unique firms in 30 transition economies to investigate the relation between the origins of private firms and their financing patterns. In our sample, the private firms are either privatized former state-owned enterprises (SOEs) or ab initio (from the beginning) private firms....

Persistent link: https://www.econbiz.de/10012903516

Decision Rights, Residual Claim and Performance : A Theory of How the Chinese State Enterprise Reform Works

Zhang, Weiying - 1998

management is transferred from bureaucrats to capitalists, which implies privatization of the state enterprises. China is already …

Persistent link: https://www.econbiz.de/10014107344

Mixed Duopoly, Privatization and the Shadow Cost of Public Funds

Capuano, Carlo; De Feo, Giuseppe - 2018

The purpose of this paper is to investigate the effect of privatization in a mixed duopoly, where a private firm …). Furthermore, we analyze the effect of privatization on the timing of competition by endogenezing the determination of simultaneous … especially relevant for the analysis of privatization, given that results and policy prescription emerged in the literature …

Persistent link: https://www.econbiz.de/10014151444

Management Control and Privatization in the United Kingdom

Cragg, Michael; Dyck, I. J. Alexander - 2000

We examine the links between ownership and internal control for a sample of 112 state-owned, privatized, and publicly traded firms in the United Kingdom from 1970 to 1994. Privatized firms with at least four years in the private sector, like established publicly traded firms, exhibit a...

Persistent link: https://www.econbiz.de/10014193298

The Political Economy of Privatization : Why Do Governments Want Reforms?

Fuchs, Kira - 2004

International organizations promote privatization as precondition for economic development. But is there really too … little privatization? This political economy model asks for the incentives of governments to privatize or restructure a state …-owned firm. Different government types are compared to identify the political and institutional determinants of privatization …

Persistent link: https://www.econbiz.de/10014072777

Wage Determination : Privatised, New Private and State Owned Companies. Empirical Evidence from Panel Data

Mickiewicz, Tomasz; Bishop, Kate - 2003

This paper examines the determinants of wage pressure in large companies, including ownership characteristics and the impact of regional labour markets. By using a panel of 329 Polish largest firms during the period 1997-2001, we find evidence of rent sharing activities, however there is also...

Persistent link: https://www.econbiz.de/10014077856

Why Privatize? The Decline of Public Ownership in India and its Impact on Industrial Performance

Majumdar, Sumit K. - 2006

. Privatization in a significant way has not taken place in India; nevertheless, the boundaries of the state as an industrial … growth has had a substantial impact in enhancing performance. Thus, the role of privatization as a mechanism to enhance …

Persistent link: https://www.econbiz.de/10014059550

Italy's Privatization Process and its Implications for China

Bortolotti, Bernardo - 2005

process. Particularly, it analyzes the symbiotic link between share issue privatization (SIP), i.e. privatization in public …

Persistent link: https://www.econbiz.de/10014061636

Privatisation and Technical Efficiency of Thai Electricity Generation State Owned Enterprise

Sirasoontorn, Puree - 2005

This paper aims to evaluate the technical efficiency of Thai electricity generation under public ownership. Technical efficiency is measured employing a comparative application of nonparametric and parametric approaches, namely Data Envelopment Analysis and Stochastic Frontier Analysis...

Persistent link: https://www.econbiz.de/10014066561