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"We document the market response to an unexpected announcement of proposed sales of government-owned shares in China. In contrast to the "privatization premium" found in earlier work, we find a negative effect of government ownership on returns at the announcement date and a symmetric positive...
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Fighting for economic development -- Suharto, Inc -- The smuggling gap -- Nature or nurture? : understanding the culture of corruption -- No water, no peace -- Death by a thousand small cuts -- The road back from war -- Learning to fight economic gangsters -- Epilogue : doing better this time
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