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How Does Privatization Work? Ownership Concentration and Enterprise Performance in Ukraine Author info | Abstract | Publisher info | Download info | Related research | Statistics Alexander Pivovarsky
This paper investigates the relationship between ownership concentration and enterprise performance in Ukraine. Using data on 376 medium and large enterprises, it finds that ownership concentration is positively associated with enterprise performance in Ukraine. The paper also finds that concentration of ownership by foreign companies and banks is associated with better performance than ownership concentrated by the domestic owners. Ownership by Ukrainian investment funds and holding companies does not have a positive effect on performance. In contrast to predictions by many observers of early transition, privatization methods had a lasting effect on ownership structure in Ukraine.
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Paper provided by International Monetary Fund in its series IMF Working Papers with number
01/42.
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Length: 44 pages
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Handle: RePEc:imf:imfwpa:01/42Contact details of provider: Postal: International Monetary Fund, Washington, DC USA Phone: (202) 623-7000 Fax: (202) 623-4661 Email: Web page: http://www.imf.org/external/pubind.htm More information through EDIRC
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Keywords: Privatization Ukraine Governance Transition economies Other versions of this item:
This paper has been announced in the following NEP Reports :
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