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The role of employee ownership in Privatisation of state enterprises in eastern and central Europe
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The role of employee ownership in Privatisation of state enterprises in eastern and central Europe is discussed in this article, where the authors focus on the role of worker ownership in state enterprises.Abstract:
(1993). The role of employee ownership in Privatisation of state enterprises in eastern and central Europe. Europe-Asia Studies: Vol. 45, No. 3, pp. 463-481.read more
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Employee ownership and firm performance: a meta‐analysis
TL;DR: In this paper, the authors conducted a meta-analysis of 102 samples representing 56,984 firms and found that the effect of employee ownership on performance has increased in studies over time and that studies with samples from outside the USA report stronger effects than those within.
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The political economy of trade liberalization in the transition
TL;DR: In this paper, a model which ties together politically-constrained trade-liberalization opportunities and privatization of technologically disadvantaged enterprises is presented, and the model draws on a more extensive presentation in Hillman et al. (1996).
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The transition from socialism: An overview from a political economy perspective
TL;DR: In this paper, an overview from a political-economy perspective of the issues that arise in the transition from socialism is provided, which is divided into 12 sections which respectively consider (1) reasons for adopting a political economy perspective on the transition, (2) explanations of why socialism failed when it did, (3) the transition of the socialist factory, (4) proposals for the third way of market socialism, (5) price liberalization and supply responses, (6) privatization, banks and the financial sector, (7) private sector development, (8) private
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Foreign Direct Investment and transition
TL;DR: In this article, the authors examined the impact of FDI with a novel methodology, and compared the performance of foreign owned firms to domestically owned firms, concluding that FDI is beneficial for the recipient country.
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Accountability, governance and finance in Hungarian buy‐outs
Judit Karsai,Mike Wright +1 more
TL;DR: In this paper, the authors discuss the difficulties in establishing guidelines which enable regulated privatisation to avoid the abuses of spontaneous privatisation and meet objectives of fairness, efficiency and speed in Hungary.
References
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Journal ArticleDOI
The Structure of Corporate Ownership: Causes and Consequences
Harold Demsetz,Kenneth Lehn +1 more
TL;DR: In this paper, the authors argue that the structure of corporate ownership varies systematically in ways that are consistent with value maximization, and they find no significant relationship between ownership concentration and accounting profit rates for a set of firms.
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Mergers and the Market for Corporate Control
TL;DR: In this article, it was suggested that a failing company defense may be unavailable when a large corporation is making the acquisition, or when there is any chance of absorption by a non-competing firm, and when the acquired company has not "failed" enough.
Journal ArticleDOI
Market syndicalism and market imbalances
Željko Bogetić,Dennis Heffley +1 more
TL;DR: In this paper, the endogenous relationship between income-per-worker (Y ) and product price (P ) under labor management or, more broadly, market syndicalism, causes P to play a critical role in clearing product and labor markets.