EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/30495
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorKocenda, Evézenen_US
dc.contributor.authorHanousek, Janen_US
dc.date.accessioned2009-10-21en_US
dc.date.accessioned2010-05-14T08:20:16Z-
dc.date.available2010-05-14T08:20:16Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/30495-
dc.description.abstractWe analyze the extent of the integrated control of the state over privatized firms during the post-privatization decade (1995-2005) in the Czech Republic. During this period the integrated control potential of the state resembled a corporate pyramid. While pyramidal control was not fully utilized, the golden share in the hands of the state substantially enhanced its ability to control firms. In terms of corporate performance we show that state control resulted in declining and even negative corporate performance. Integrated state control was shown to be mostly inferior when compared with private types of ownership. State ownership positions are in striking contrast with the lack of capacity to push corporate performance in order to collect larger tax volumes. Lack of focus and inter-agency cooperation as well as the simple inefficiency of the state bureaucracy are the most likely reasons behind our findings.en_US
dc.language.isoengen_US
dc.publisherCESifo Münchenen_US
dc.relation.ispartofseriesCESifo working paper 2801en_US
dc.subject.jelC30en_US
dc.subject.jelD21en_US
dc.subject.jelD29en_US
dc.subject.jelG30en_US
dc.subject.jelL21en_US
dc.subject.ddc330en_US
dc.subject.keywordstate ownershipen_US
dc.subject.keywordcontrolen_US
dc.subject.keywordcorporate performanceen_US
dc.subject.keywordprivatizationen_US
dc.subject.stwÖffentliche Kapitalbeteiligungen_US
dc.subject.stwÖffentliches Unternehmenen_US
dc.subject.stwPrivatisierungen_US
dc.subject.stwStaatliche Einflussnahmeen_US
dc.subject.stwUnternehmensentwicklungen_US
dc.subject.stwTschechische Republiken_US
dc.titleState ownership and control in the Czech Republicen_US
dc.typeWorking Paperen_US
dc.identifier.ppn610761587en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

Files in This Item:
File Description SizeFormat
610761587.pdf313.98 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.