Author: | Jackowicz, K. Kowalewski, O. |
Title: | Why do companies go private in emerging markets? Evidence from Poland |
Journal: | Journal for East European Management Studies (JEEMS)
2006 : VOL. 11:4, p. 326-348 |
Index terms: | emerging markets Poland privatization |
Language: | eng |
Abstract: | This article aims to define the financial characteristics of companies that have gone private using a dataset comprising Polish companies. By applying a probit model the authors were able to distinguish the difference between firms that went private and those that did not. The results show for example that the probability of going private grew with an increase in the concentration of foreign ownership. |
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