The Investment Choices of Voucher Holders and Their Impact on Privarizad Firm Performance
We study the portfolio problem facing the individual voucher holder in a transition economy which has decided to privatize using the voucher method and, in which voucher privatization funds (VPFs) can, by their bids abd subsequent joint ownership patterns, alter the performance of the firms in their funds.
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|Date of creation:||1996|
|Date of revision:|
|Contact details of provider:|| Postal: New York University, Leonard N. Stern School of Business, Department of Economics, 44 West 4th Street, New York, NY 10012-1126|
Phone: (212) 998-0860
Fax: (212) 995-4218
Web page: http://w4.stern.nyu.edu/economics/
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