Matches in SemOpenAlex for { <https://semopenalex.org/work/W2510577100> ?p ?o ?g. }
Showing items 1 to 81 of
81
with 100 items per page.
- W2510577100 abstract "Privatization became a major component of economic policy around the world sincethe mid-1980s despite the conflicting theoretical arguments and empirical evidencefor this policy. The inconclusive evidence, apart from reflecting genuine differencesamong countries and industries under investigation, is also the result ofmethodological and empirical problems this literature is beset with. This provides themotivation for this research project which intends to contribute to the literature byaddressing some of these problems and also by applying it to a particular set ofcountries, the successor states of the former Yugoslavia, that have been either notstudied at all or not studied as a group despite the fact that they share the same historyand the same economic, political and social background which are distinct from othertransition economies. As with the established empirical literature in the field, theresearch focuses on the impact of privatization on the performance of firms in thebroad context of the neoclassical theory and its extensions.The thesis aims at investigating the impact of privatization on companies’performance in Bosnia and Herzegovina, Croatia, Kosovo, Macedonia, Montenegro,Serbia and Slovenia, independent countries that emerged from the disintegration ofthe former Yugoslavia. In doing so, this thesis initially embarks on a critical review oftheoretical and empirical literature, identifying their theoretical predictions andassessing their empirical validity, highlighting a variety of methodological problemsfrom which the previous studies have suffered. The empirical investigation of thisthesis uses Stochastic Frontier Analysis to estimate the efficiency of companies withdifferent ownership structures. It also addressed the issue of missing data byemploying a multiple imputation procedure. In addition, policy evaluationeconometrics using matched difference-in-difference estimators is employed forestimating the causal relationship between ownership transformation and companies’performance. Special attention is paid to addressing the issue of selection bias whichis the main challenge in evaluating the effect of privatization.The empirical results suggest that privatization is associated with improvement incompanies’ performance in terms of technical efficiency and sales levels, while it isassociated with a significant drop in employment levels. Also, privatization isassociated with improvement in performance over time. The results suggest that thereis some heterogeneity across countries, industries and ownership types. In particular,they show that the average efficiency scores of companies in the successor states varysystematically across these countries with Slovenian companies being the mostefficient, followed by those in Croatia, Montenegro, Bosnia, Serbia and Macedonia i.e.,in some order of institutional and economic development in the region." @default.
- W2510577100 created "2016-09-16" @default.
- W2510577100 creator A5015913886 @default.
- W2510577100 date "2016-01-01" @default.
- W2510577100 modified "2023-09-23" @default.
- W2510577100 title "Ownership transformation and firmperformance in the successor states of theformer Yugoslavia" @default.
- W2510577100 hasPublicationYear "2016" @default.
- W2510577100 type Work @default.
- W2510577100 sameAs 2510577100 @default.
- W2510577100 citedByCount "0" @default.
- W2510577100 crossrefType "dissertation" @default.
- W2510577100 hasAuthorship W2510577100A5015913886 @default.
- W2510577100 hasConcept C111472728 @default.
- W2510577100 hasConcept C120936955 @default.
- W2510577100 hasConcept C134306372 @default.
- W2510577100 hasConcept C136197465 @default.
- W2510577100 hasConcept C136264566 @default.
- W2510577100 hasConcept C138885662 @default.
- W2510577100 hasConcept C144024400 @default.
- W2510577100 hasConcept C148383697 @default.
- W2510577100 hasConcept C154945302 @default.
- W2510577100 hasConcept C162324750 @default.
- W2510577100 hasConcept C166957645 @default.
- W2510577100 hasConcept C17744445 @default.
- W2510577100 hasConcept C199539241 @default.
- W2510577100 hasConcept C205649164 @default.
- W2510577100 hasConcept C2778571376 @default.
- W2510577100 hasConcept C2779343474 @default.
- W2510577100 hasConcept C2910589926 @default.
- W2510577100 hasConcept C33923547 @default.
- W2510577100 hasConcept C41008148 @default.
- W2510577100 hasConcept C75306776 @default.
- W2510577100 hasConcept C94625758 @default.
- W2510577100 hasConceptScore W2510577100C111472728 @default.
- W2510577100 hasConceptScore W2510577100C120936955 @default.
- W2510577100 hasConceptScore W2510577100C134306372 @default.
- W2510577100 hasConceptScore W2510577100C136197465 @default.
- W2510577100 hasConceptScore W2510577100C136264566 @default.
- W2510577100 hasConceptScore W2510577100C138885662 @default.
- W2510577100 hasConceptScore W2510577100C144024400 @default.
- W2510577100 hasConceptScore W2510577100C148383697 @default.
- W2510577100 hasConceptScore W2510577100C154945302 @default.
- W2510577100 hasConceptScore W2510577100C162324750 @default.
- W2510577100 hasConceptScore W2510577100C166957645 @default.
- W2510577100 hasConceptScore W2510577100C17744445 @default.
- W2510577100 hasConceptScore W2510577100C199539241 @default.
- W2510577100 hasConceptScore W2510577100C205649164 @default.
- W2510577100 hasConceptScore W2510577100C2778571376 @default.
- W2510577100 hasConceptScore W2510577100C2779343474 @default.
- W2510577100 hasConceptScore W2510577100C2910589926 @default.
- W2510577100 hasConceptScore W2510577100C33923547 @default.
- W2510577100 hasConceptScore W2510577100C41008148 @default.
- W2510577100 hasConceptScore W2510577100C75306776 @default.
- W2510577100 hasConceptScore W2510577100C94625758 @default.
- W2510577100 hasLocation W25105771001 @default.
- W2510577100 hasOpenAccess W2510577100 @default.
- W2510577100 hasPrimaryLocation W25105771001 @default.
- W2510577100 hasRelatedWork W1481994066 @default.
- W2510577100 hasRelatedWork W1573627780 @default.
- W2510577100 hasRelatedWork W1579572553 @default.
- W2510577100 hasRelatedWork W1765347557 @default.
- W2510577100 hasRelatedWork W2188472242 @default.
- W2510577100 hasRelatedWork W2235076024 @default.
- W2510577100 hasRelatedWork W2510104075 @default.
- W2510577100 hasRelatedWork W2518505166 @default.
- W2510577100 hasRelatedWork W2586941679 @default.
- W2510577100 hasRelatedWork W2617508335 @default.
- W2510577100 hasRelatedWork W2804682986 @default.
- W2510577100 hasRelatedWork W2909064433 @default.
- W2510577100 hasRelatedWork W2914029609 @default.
- W2510577100 hasRelatedWork W2953967107 @default.
- W2510577100 hasRelatedWork W3022066939 @default.
- W2510577100 hasRelatedWork W3040581620 @default.
- W2510577100 hasRelatedWork W3122382626 @default.
- W2510577100 hasRelatedWork W3125289779 @default.
- W2510577100 hasRelatedWork W40819920 @default.
- W2510577100 hasRelatedWork W2184945719 @default.
- W2510577100 isParatext "false" @default.
- W2510577100 isRetracted "false" @default.
- W2510577100 magId "2510577100" @default.
- W2510577100 workType "dissertation" @default.