| Tekijä: | Jelic, R. Briston, R. Aussenegg, W. |
| Otsikko: | The choice of privatization method and the financial performance of newly privatized firms in transition economies |
| Lehti: | Journal of Business Finance and Accounting
2003 : SEP/OCT, VOL. 30:7/8, p. 905-940 |
| Asiasana: | Financial performance Privatization Transition economies |
| Kieli: | eng |
| Tiivistelmä: | There is a gap between the theoretical literature that almost unanimously advocates the privatization of enterprises, as part of the solution to the commitment problem in economies in transition, and the empirical evidence regarding the best way to design a privatization program in order to secure an efficient use of resources. This article contributes to this debate by focusing on the determinants of the financial long-run performance of privatized companies in Poland, Hungary and Czech Republic. |
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