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Restructuring of Ukrainian Enterprises after Privatization: Does Ownership Structure Matter?

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  • Irina Akimova

    (Kharkov Polytechnic University)

  • Gerhard Schwödiauer

    (Otto von Guericke Universität Magdeburg)

Abstract

For a set of data from a survey of middle-sized and large industrial enterprise in Ukraine after privatization regression equations are estimated that explain the response of restructuring and performance indicators to ownership structures, competitive pressures, and hardening budget constraints. While ownership matters less for restructuring activity than competition and budget constraints, in particular concentrated outside ownership does have a significant positive impact on the firms’ performance.

Suggested Citation

  • Irina Akimova & Gerhard Schwödiauer, 1999. "Restructuring of Ukrainian Enterprises after Privatization: Does Ownership Structure Matter?," Industrial Organization 9903003, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpio:9903003
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    More about this item

    Keywords

    restructuring enterprise privatization competition;

    JEL classification:

    • L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out
    • P00 - Political Economy and Comparative Economic Systems - - General - - - General

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