haku: @journal_id 101 / yhteensä: 1491
viite: 93 / 1491
Tekijä: | Schaffhauser-Linzatti, M. |
Otsikko: | Ökonomische Konsequenzen der Privatisierung in Österreich |
Lehti: | Zeitschrift für Betriebswirtschaft
2003 : JAN, VOL. 73:1, p. 49-72 |
Asiasana: | FINANCE FINANCIAL PERFORMANCE ECONOMICS PRIVATIZATION AUSTRIA |
Kieli: | ger |
Tiivistelmä: | This paper studies the change in operating and financial performance of Austrian firms that were either partly or fully privatized during the period of 1987-1995. Using accounting data prior to and after the privatization, the authors measure the change in efficiency, profitability, capital structure, investment behaviour, and employment for inflation- and business cycle-adjusted data. While profitability and efficiency show a significant change between the period of state ownership and privatization the other measures exhibit no significant change. Hence, the authors conclude that the privatization programme was not that successful as compared to other international experience (original in German). |
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