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Competition and Corporate Governance : Substitutes or Complements ? Evidence from the Warsaw Stock Exchange Author info | Abstract | Publisher info | Download info | Related research | Statistics Irena Grosfeld
Thierry Tressel
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In this paper we analyse the impact of product market competition and ownership structure on corporate performance. We focus on the firms listed on the Warsaw Stock Exchange, which are either privatised or newly created firms. First, we study the separate effects of competition and ownership concentration on firm level productivity growth. Next, we investigate their interaction: are they substitutes or complements?
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Paper provided by DELTA (Ecole normale supérieure) in its series DELTA Working Papers with number
2001-06.
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Length: 30 pages
Date of creation: 2001Date of revision:
Handle: RePEc:del:abcdef:2001-06Contact details of provider: Postal: 48 boulevard Jourdan - 75014 Paris Phone: 01 43 13 63 00 Fax: 01 43 13 63 10 Email: Web page: http://www.delta.ens.fr/ More information through EDIRC
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Keywords: MARKET ; COMPETITION ; OWNERSHIP ; Other versions of this item:
Find related papers by JEL classification: D24 - Microeconomics - - Production and Organizations - - - Production; Capital and Total Factor Productivity; Capacity G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Capital and Ownership Structure L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance P2 - Economic Systems - - Socialist Systems and Transition Economies
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"The Effect of Ownership and Competitive Pressure on Firm Performance in Transition Countries: Micro Evidence from Bulgaria, Romania and Poland ,"
William Davidson Institute Working Papers Series
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Angelucci, Manuella & Estrin, Saul & Konings, Jozef & Zólkiewski, Zbigniew, 2001.
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Grais, Wafik & Pellegrini, Matteo, 2006.
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Stefan Beiner & Markus Schmid & Gabrielle Wanzenried, 2004.
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Ralitza Dimova, 2003.
"The Impact of Structural Reforms on Employment Growth and Labour Productivity: Evidence from Bulgaria and Romania ,"
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13203, LICOS - Centre for Institutions and Economic Performance, K.U.Leuven.
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Other versions: Marko Simoneti & Joze P. Damijan & Matija Rojec & Boris Majcen, 2004.
"Case-by-case versus Mass Privatization in Transition Economies: Owner and Seller Effects on Performance of Firms in Slovenia ,"
LICOS Discussion Papers
14304, LICOS - Centre for Institutions and Economic Performance, K.U.Leuven.
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