Using a unique database of 190 newly privatized firms from 36 countries, we investigate the impact of shareholders’ identify on corporate risk-taking behavior. We find strong and robust evidence that state (foreign) ownership is negatively (positively) related to corporate risk-taking. Moreover, we find that these relations depend on the level of government extraction. Our results suggest that relinquishment of government control, openness to foreign investment, and improvement of country-level governance institutions are key factors in the success of privatization reform
We analyze the effects of ownership type and concentration on performance of a population of firms i...
This paper provides an empirical analysis of Governments' decisions to sell privatised companies on ...
This paper investigates the argument that privatization share pricing reflects a heightened politica...
Using a unique database of 190 newly privatized firms from 36 countries, we investigate the impact o...
Using a unique database of 381 newly privatized firms from 57 countries, we investigate the impact o...
We examine the risk taking behavior of privatized banks prior to and after privatization and find th...
We investigate the role of ownership structure and investor protection in postprivatization corporat...
comments and suggestions. We also acknowledge financial support from the Social Sciences and Humanit...
The purpose of this thesis is to analyse the effect of state ownership on abnormal return and system...
We study the evolution of the control structure for a large sample of privatized firms in OECD count...
We question previous research assuming that privatizing firm performance generally benefits from dec...
This is the author accepted manuscript. The final version is available from Wiley via the DOI in thi...
The purpose of this dissertation is to analyze the impact of privatization on a firm's operating an...
In this research we evaluate how corporate ownership around the world is defined and which variables...
Existing studies suggest that stricter Corporate Governance Reform (CGR) reduces corporate risk-taki...
We analyze the effects of ownership type and concentration on performance of a population of firms i...
This paper provides an empirical analysis of Governments' decisions to sell privatised companies on ...
This paper investigates the argument that privatization share pricing reflects a heightened politica...
Using a unique database of 190 newly privatized firms from 36 countries, we investigate the impact o...
Using a unique database of 381 newly privatized firms from 57 countries, we investigate the impact o...
We examine the risk taking behavior of privatized banks prior to and after privatization and find th...
We investigate the role of ownership structure and investor protection in postprivatization corporat...
comments and suggestions. We also acknowledge financial support from the Social Sciences and Humanit...
The purpose of this thesis is to analyse the effect of state ownership on abnormal return and system...
We study the evolution of the control structure for a large sample of privatized firms in OECD count...
We question previous research assuming that privatizing firm performance generally benefits from dec...
This is the author accepted manuscript. The final version is available from Wiley via the DOI in thi...
The purpose of this dissertation is to analyze the impact of privatization on a firm's operating an...
In this research we evaluate how corporate ownership around the world is defined and which variables...
Existing studies suggest that stricter Corporate Governance Reform (CGR) reduces corporate risk-taki...
We analyze the effects of ownership type and concentration on performance of a population of firms i...
This paper provides an empirical analysis of Governments' decisions to sell privatised companies on ...
This paper investigates the argument that privatization share pricing reflects a heightened politica...