| 来源类型 | FEEM working papers "Note di lavoro" series |
| 规范类型 | 论文 |
| Post-Privatisation Ownership Structure and Productivity in Russian Industrial Enterprises | |
| John S. Earle | |
| 发表日期 | 1999 |
| 出处 | Economy and Society |
| 出版年 | 1999 |
| 语种 | 英语 |
| 摘要 | This paper investigates the impact of ownership structure on the productivity performance of Russian industrial enterprises. The analysis compares the effects of several types of new private owners - insiders (managers and other employees) and outsiders (individual and institutional investors) - with continued ownership by the state, and it takes into account possible selection effects in the privatisation process that may bias the observed ownership-performance relationship. The results provide some evidence that ownership change in Russia was already having some positive effects, shortly after the conclusion of the voucher privatisation process, but that those effects were strongest in companies with concentrated outside owners. Because the design of the Russian privatisation programme appears to have been biased against such institutional investors, the latter finding only emerges after a careful analysis of the simultaneous determination of ownership and performance through the privatisation process. |
| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/post-privatisation-ownership-structure-and-productivity-in-russian-industrial-enterprises/ |
| 来源智库 | Fondazione Eni Enrico Mattei (Italy) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/116411 |
| 推荐引用方式 GB/T 7714 | John S. Earle. Post-Privatisation Ownership Structure and Productivity in Russian Industrial Enterprises. 1999. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| NDL1999-019.pdf（117KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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