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Corporate Governance as an instrument of change state owned Corporate Governance as an instrument of change state owned companies: The case of the Hellenic Telecommunications Organization

Spanos, Loukas; Papoulias, Demetrios - EconWPA - 2005

This paper analyses the evolution of Corporate Governance (CG) mechanisms and organizational changes of the Hellenic Telecommunication Organization (HTO) and has two objectives: to enrich the debate and to contribute to the increasing body of literature by examining and analyzing the...

Persistent link: https://www.econbiz.de/10005561676

The Structure of Corporate ownership in Privatized Utilities

Trillas, Francesco - C.E.P.R. Discussion Papers - 2002

The purpose of this Paper is to study the determinants of the concentration of ownership in a privatized, regulated firm. The discussion illustrates some aspects of the costs and benefits of different corporate systems. Privatized utilities are large firms with professional management: there is...

Persistent link: https://www.econbiz.de/10005123598

Convergence in institutions and market outcomes: cross-country and time-series evidence from the business environment and enterprise performance surveys in transition economies

Mitra, Pradeep; Muravyev, Alexander; Schaffer, Mark E. - Economics Research, World Bank Group - 2009

This paper uses firm-level data from the Business Environment and Enterprise Performance Surveys to study the process of convergence of transition countries with developed market economies. The study focuses on competition and market structure, finance and the structure of lending to firms, and...

Persistent link: https://www.econbiz.de/10005106885

Innovation in State-owned Enterprises: Reconsidering the Conventional Wisdom

Belloc, Filippo - Volkswirtschaftliche Fakultät, … - 2013

, we focus on dynamic efficiency - specifically, the production of technological innovation - of SOEs in manufacturing …

Persistent link: https://www.econbiz.de/10011110509

Privatization of SOEs and its innovation performance : a reexamination

Wu, Peizhen; Sun, Zhen - In: International studies of economics 20 (2025) 1, pp. 2-22

The empirical literature comparing the innovation performance of state-owned enterprises (SOEs) and private firms in … privatization on the innovation performance of former SOEs. Our findings suggest that the privatization of SOEs generally results in … a decrease in innovation performance. This adverse effect is particularly pronounced for firms situated in regions …

Persistent link: https://www.econbiz.de/10015371217

Income Inequality and Oligarchs in Russian Regions: A Note

Fidrmuc, Jarko; Gundacker, Lidwina - 2017

We trace the rise of the so called oligarchs in post-Soviet Russia and examine their relationship to income distribution in Russia. When Russia moved to a market economy in the 1990s a new business elite evolved. Russia’s distinctive path towards market economy, among other factors, gave rise...

Persistent link: https://www.econbiz.de/10011657170

MARKET STRUCTURE, PRODUCTION EFFICIENCY, AND PRIVATIZATION

YANG, YA-PO; WU, SHIH-JYE; HU, JIN-LI - In: Hitotsubashi Journal of Economics 55 (2014) 1, pp. 89-108

In order to analyze the optimal degree of privatizing an upstream public firm, this paper sets up a vertically related market that consists of an upstream mixed oligopoly with one public firm and m private firms and a downstream oligopoly with n private firms. The major findings of this paper...

Persistent link: https://www.econbiz.de/10010895330

Ownership and Managerial Competition: Employee, Customer, and Outside Ownership

Bolton, Patrick; Xu, Chenggang - Center for International Development, Kennedy School of … - 1999

This paper centers around the question of ownership of firms and managerial competition and how these affect managers and employees' incentives to invest in human capital. We argue that employees' incentives in human capital investment are affected by both ownership and competition since both...

Persistent link: https://www.econbiz.de/10005742783

The puzzle of industrial enterprises in Romania over a century: 1918-2017

Chivu, Luminita - 2019

The configuration of industrial enterprises in Romania, in terms of numbers and structure, in relation to their characteristics, mirrors the Romanian economy and society at large, in their chronological development. Marked by the changes in the technological and economic paradigm, by the...

Persistent link: https://www.econbiz.de/10012511922

Income inequality and oligarchs in Russian regions : a note

Fidrmuc, Jarko; Gundacker, Lidwina - 2017

We trace the rise of the so called oligarchs in post-Soviet Russia and examine their relationship to income distribution in Russia. When Russia moved to a market economy in the 1990s a new business elite evolved. Russia's distinctive path towards market economy, among other factors, gave rise to...

Persistent link: https://www.econbiz.de/10011646801