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systematic performance and efficiency differentials between National Oil Companies (NOCs) and privately-owned International Oil … an indication of firm efficiency. Because NOCs also significantly underperform the private sector in terms of output … efficiency and profitability, this paper nevertheless suggests that a political preference for State Oil usually comes at an …
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This study compares the corporate performance in 1990/91 of two groups of public companies: those in which employees owned more than 5% of the company's stock, and all others. The results are not consistent with either highly positive or negative views of employee ownership. Where differences...
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Privatization has played an important role in national economic reform in Vietnam. However, unlike other transitional countries in Central and Eastern Europe, Vietnam has chosen a partial and gradual privatization where the government still holds significant ownership in most privatized firms....
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