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has the opportunity to make a reorganisational investment, before output is produced. This investment is unobservable by …
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Aktionärskapitals, die Dynamik bei der sog. kleinen Privatisierung sowie Veränderungen bei den Privatisierungsmethoden und in der …
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positive relationship between firm ability to pay and wage increases. Privatization appears important for the strategic …
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This paper delves further into the link between residual government ownership and corporate investment efficiency in … lower level of investment efficiency. The finding suggests that government ownership is less beneficial in privatized firms …. The paper has important implications for policymakers in supporting privatization policy and in designing a framework to …
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