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attitudes? This paper investigates this issue using data from a nationwide survey of 1,176 Russian workers conducted in April … 1995. We focus on the two primary types of ownership change in Russia: the privatization of existing state … attitudes of workers are significant when comparing new and old firms, but less so when comparing privatized to state …
Persistent link: https://www.econbiz.de/10014072597
impact of regional labour markets. By using a panel of 329 Polish largest firms during the period 1997-2001, we find evidence … in state firms are highly responsive to regional labour market conditions, while firms in other sectors are not. Rent …
Persistent link: https://www.econbiz.de/10014077856
Local exchange trading systems (LETS) are fast becoming a significant socio-economic phenomenon. It is held that they represent new forms of work which reduce unemployment. The author discusses LETS in the context of three contributions to the future of work to show that LETS are a neglected...
Persistent link: https://www.econbiz.de/10014153811
The for-profit hospital is in the minority numerically in all developed countries. Although the for-profits' market share has been quite stable for decades, for-profit chains have grown in share and influence in the United States. By contrast, for-profit chains have made few inroads in other...
Persistent link: https://www.econbiz.de/10014024184
investigates the role of hybrid debt in the privatization of state‑owned enterprises (SOEs) via government‑controlled investment … in Europe and Asia. Moreover, in some cases, the privatization of SOEs by means of exchangeables can prove to be a more … shareholders. Third, the entire privatization process tends to be more flexible for issuers in that they can perceive exchangeables …
Persistent link: https://www.econbiz.de/10014339792
In our article we present the use of hybrid securities in the privatization process. We show that exchangeable bonds … may be successfully applied during privatization of state companies throughout the world. It may be profitable for many … privatization processes by means of exchangeable bonds i.a. in Germany and in Austria. Most of such operations, e.g. German Deutsche …
Persistent link: https://www.econbiz.de/10010390522
The present paper aims to provide some new evidence on how the insiders, i.e. employees of portfolio companies, view the Polish mass privatisation scheme. Based on two inquiries conducted in selected NIF firms in 1996 and 1998, it simultaneously offers a comparative analysis of the changes in...
Persistent link: https://www.econbiz.de/10011455107
The present paper analyzes the top ten Italian state-owned enterprises (SOEs) over the period 2004-2013, after both their corporate organization and their markets have been deeply reformed. We question whether SOEs' strategies are more profit or public oriented. The authors find that, on...
Persistent link: https://www.econbiz.de/10011432120
data permit us to track the privatization process and to estimate the impact of privatization within industry-year cells … majority privatized versus state-owned firms. The gap increases with time since privatization, reaching about 15-17% five years … after privatization. It also increases with calendar time although recent privatizations are associated with smaller …
Persistent link: https://www.econbiz.de/10011309155
subject of this study is the analysis of network industries with particular emphasis on privatization in this field in general … is threefold. The chapter on privatization is based on a theoretical model, followed by a chapter on the institutional …
Persistent link: https://www.econbiz.de/10011747619