We use new firm-level data to examine the effects of spinoffs and privatization on corporate performance in a rapidly … spinoffs increase the firm’s profitability but do not alter its scale of operations, while the effect of privatization depends … consistent with tunneling (looting) by managers or (partial) owners. The effects of privatization are hence much less clear …

We use new firm-level data to examine the effects of spinoffs and privatization on corporate performance in a rapidly … spinoffs increase the firm’s profitability but do not alter its scale of operations, while the effect of privatization … consistent with tunneling (looting) by managers or (partial) owners. The effects of privatization are hence much less clear …

privatization on corporate performance. Unlike the existing literature, which analyzes breakups almost exclusively in advanced …, selection and data attrition when analyzing the effects of breakups and privatization. …This paper uses new firm-level data to examine the effects of breakups of the Czech firms and their subsequent …

We use new firm-level data to examine the effects of spinoffs and privatization on corporate performance in a rapidly … spinoffs increase the firm’s profitability but do not alter its scale of operations, while the effect of privatization depends … consistent with tunneling (looting) by managers or (partial) owners. The effects of privatization are hence much less clear …

matching procedure to deal with endogeneity problems. Our results, which are generally in line with the positive effects of …

deal with endogeneity problems. Our results, which are generally in line with the positive effects of divestiture found in … the developed-market literature, show that the initial effects of divestiture are positive but after a certain point they …

score based matching methodology to account for potential endogeneity. Our results show that initial effects of the firm …

deal with endogeneity problems. Our results, which are generally in line with the positive effects of divestiture found in … the developed-market literature, show that the initial effects of di-vestiture are positive but after a certain point they …

matching procedure to deal with endogeneity problems. Our results, which are generally in line with the positive effects of …