Hanousek, Jan; Kočenda, Evžen; Švejnar, Jan - In: Politická ekonomie 2006 (2006) 4, pp. 467-489
This paper uses new firm-level data to examine the effects of breakups of the Czech firms and their subsequent … privatization on corporate performance. Unlike the existing literature, which analyzes breakups almost exclusively in advanced … find that breakups increase the firm's profitability but do not alter its scale of operations, while the effect of …