Methods of Multivariate Analysis

(2009). The End of the Free Market? Administrative Theory & Praxis: Vol. 31, No. 3, pp. 388-388.

The End of the Free Market

Environmental regulation, governance transformation and the green development of Chinese iron and steel enterprises

State-owned enterprises and economic growth: Evidence from the post-Lehman period

Although state-owned enterprises (SOEs) have long been criticized for being inefficient, they play a vital role in realizing social welfare including the improvement of environmental quality. SOEs are controlled by governments, so the motivations and strategies of SOEs to improve corporate environmental performance are distinct from their privately-owned counterparts. In this article, we propose that a unique strategy adopted by SOEs for improving environmental performance is high responsiveness to the government's goal. Using a unique and detailed firm-level dataset, we find that SOEs perform better for the pollutant assessed by government targets while they perform similarly for the unregulated pollutant compared with their privately-owned counterparts, indicating that they are more responsive and accountable for meeting policy requirements. We further find that SOEs worsen their environmental performance after the privatization, which is consistent with the main results. With the privatization of SOEs worldwide, determining how to avoid the negative effects of privatization as well as to motivate for-profit enterprises to improve corporate environmental performance is the key to achieving a win-win. 

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Do state-owned enterprises really have better environmental performance in China? Environmental regulation and corporate environmental strategies

Non-commercial goals and financial performance of state-owned enterprises – some evidence from the electricity sector in the EU countries

Ocena efektów fuzji i przejęć na podstawie analizy nadwyżkowych stóp zwrotu

The aim of this article is to compare financial performance of the largest non-financial state-owned enterprises (SOEs) and privately owned enterprises in the years 2013–2015. We performed a univar...

Bartosz Kabaciński

Papers

Non-commercial goals and financial performance of state-owned enterprises – some evidence from the electricity sector in the EU countries

Ocena efektów fuzji i przejęć na podstawie analizy nadwyżkowych stóp zwrotu

Do State-owned Enterprises Underperform Compared to Privately owned Companies? An Examination of the Largest Polish Enterprises

Cechy przedsiębiorstw będących celem przejęcia w świetle dotychczasowych badań

Ocena efektywności wybranych modeli predykcji upadłości na podstawie spółek notowanych na WGPW