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Corporate performance, behavior and ownership structures in the Czech firms: Theoretical modeling and empirical assessment

Project goals

The substance of the project is the fundamental research and detailed analysis of the corporate performance, ownership structures and corporate social responsibility of Czech firms. The goal of the project is the improvement of the theoretical frameworkto model firms' performance under the constraint of ownership endogeneity. We will (a) use panel data on a complete population of medium and large firms that went through the mass privatization in the Czech Republic, (b) cover the period from the end ofprivatization to today, and (c) control for endogeneity of ownership. A more systematic analytical framework for evaluating the performance effect of post-privatization ownership and distinguishing between instantaneous and permanent effects of ownershipchanges will also be applied. Further, we will study the related issue of firms' behavior in terms of their social responsibility.

Keywords

podnikyvýkonnostefektivnost, vlastnické strukturyintegraceekonometrické modelyendogenita

Public support

  • Provider

    Czech Science Foundation

  • Programme

    Standard projects

  • Call for proposals

    Standardní projekty 12 (SGA02009GA-ST)

  • Main participants

  • Contest type

    VS - Public tender

  • Contract ID

    402/09/1595

Alternative language

  • Project name in Czech

    Výkonnost, chování a vlastnické struktury v českých podnicích: Teoretické modely a empirické hodnocení

  • Annotation in Czech

    Cílem projektu je základní výzkum a detailní aplikovaná analýza podnikové výkonnosti, vlastnických struktur a zlepšení teoretické metodologie pro modelování firemní výkonnosti za podmínky endogenity vlastnictví. Dalším cílem je analýza chování firem ve smyslu jejich společenské odpovědnosti.

Scientific branches

  • R&D category

    ZV - Basic research

  • CEP classification - main branch

    AH - Economics

  • CEP - secondary branch

  • CEP - another secondary branch

  • 50201 - Economic Theory
    50202 - Applied Economics, Econometrics
    50203 - Industrial relations
    50204 - Business and management
    50205 - Accounting
    50206 - Finance

Completed project evaluation

  • Provider evaluation

    V - Vynikající výsledky projektu (s mezinárodním významem atd.)

  • Project results evaluation

    The project was excellent, both in terms of expertise and in terms of disbursement of funds.

Solution timeline

  • Realization period - beginning

    Jan 1, 2009

  • Realization period - end

    Dec 31, 2011

  • Project status

    U - Finished project

  • Latest support payment

    Apr 16, 2011

Data delivery to CEP

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

  • Data delivery code

    CEP12-GA0-GA-U/02:2

  • Data delivery date

    May 2, 2016

Finance

  • Total approved costs

    2,188 thou. CZK

  • Public financial support

    2,188 thou. CZK

  • Other public sources

    0 thou. CZK

  • Non public and foreign sources

    0 thou. CZK