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| Author: | Hanousek, J. Kocenda, E. Svejnar, J. |
| Title: | Origin and concentration |
| Journal: | Economics of transition
2007 : VOL. 15:1, p. 1-31 |
| Index terms: | corporate governance privatization performance appraisal companies transition economies Czech Republic |
| Freeterms: | ownership endogeneity |
| Language: | eng |
| Abstract: | This study analyzes the effects of different types and ownership (hereafter as: o-ship.) concentration on performance using a large firm population in the Czech Republic after mass privatization. The positive effect of foreign o-ship. is detected primarily for majority o-ship. and for o-ship. by foreign industrial firms. In general, the results highlight the benefits of strategic restructuring accompanied by an inflow of new capital and managerial culture. |
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