Ownership and performance of Lithuanian enterprises
David A. Grigorian, World Bank. Europe and Central Asia Region. Private/Financial Sector Development
Europe and Central Asia Region, Private and Financial Sectors Development Sector Unit, 2000 - 40 ページ
Does private ownership improve on corporate performance in a developing institutional environment? In Lithuania commercial transfer of state property to private owners has significantly improved enterprises' revenue and export performance.
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2SLS Estimation analysis Anderson argue auctions budget constraint capital Claessens coefficient on Private corporate governance Corporate Performance correlation dataset dependent variable DUMMY97 Earle and Estrin Economics effect of private efficiency endogeneity enterprise performance enterprise restructuring enterprises privatized Equation evidence exports F-statistic firms Frydman H-index Herfindahl index instrumental variable estimator investment vouchers ISCs Kornai Korsun Law on Privatization Lee and Murrell Litas Lithuania Lithuanian Department LSPA market competition mass privatization measures Mongolia Number of Enterprises OLS and 2SLS output ownership at privatization ownership on performance ownership structure performance indicators performance of enterprises Peter Murrell post-privatization potential private owners private ownership private share ownership privatization and restructuring Privatization Commission privatization process privatization scheme privatized enterprises privatized in 1996 regression coefficients Research Working Paper sample sectors selection bias share of private share offerings Shleifer significant Simeon Djankov structure at privatization stylized facts subsequently Table Transition Economies Vishny voucher privatization World Bank