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dc.contributor.authorKoécenda, Evézenen_US
dc.contributor.authorHanousek, Janen_US
dc.date.accessioned2010-12-02en_US
dc.date.accessioned2012-05-09T10:02:30Z-
dc.date.available2012-05-09T10:02:30Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/57792-
dc.description.abstractWe analyze the long-term effects of divesture and ownership change on corporate performance. We employ a unique data set for a large number of Czech firms spanning the period 1996-2005. We employ a propensity score matching procedure to deal with endogeneity problems. Our results, which are generally in line with the positive effects of divestiture found in the developed-market literature, show that the initial effects of divestiture are positive but after a certain point they quickly diminish over time.en_US
dc.language.isoengen_US
dc.publisherOsteuropa-Inst. Regensburgen_US
dc.relation.ispartofseriesArbeiten aus dem Osteuropa-Institut Regensburg, Wirtschaftswissenschaftliche Abteilung 291en_US
dc.subject.jelD23en_US
dc.subject.jelG32en_US
dc.subject.jelG34en_US
dc.subject.jelL20en_US
dc.subject.jelM21en_US
dc.subject.jelP47en_US
dc.subject.ddc330en_US
dc.subject.keywordfirm divestitureen_US
dc.subject.keywordcorporate performanceen_US
dc.subject.keywordownership changesen_US
dc.subject.keywordprivatizationen_US
dc.subject.keywordemerging marketsen_US
dc.subject.keywordendogeneityen_US
dc.subject.keywordpropensity score matching procedureen_US
dc.subject.stwDesinvestitionen_US
dc.subject.stwPrivatisierungen_US
dc.subject.stwUnternehmensentwicklungen_US
dc.subject.stwAufstrebende Märkteen_US
dc.subject.stwSchätzungen_US
dc.subject.stwTschechische Republiken_US
dc.titleDivide and privatize: Firms break-up and performanceen_US
dc.typeWorking Paperen_US
dc.identifier.ppn640959873en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Working Papers, Osteuropa-Institut Regensburg / München (OEI)

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