Restructuring of firms in transition: ownership, institutions and openness to trade
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F67985998%3A_____%2F08%3A00314256" target="_blank" >RIV/67985998:_____/08:00314256 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Restructuring of firms in transition: ownership, institutions and openness to trade
Original language description
We develop a theoretical framework for defensive and strategic restructuring, and provide estimates of restructuring in privatized firms in an advanced transition economy: Slovenia. Our rich data point to both types of restructuring, as well credit rationing and bargaining with respect to investment. Privatized firms display profit-maximizing behavior, and a firm's export orientation and institutional features, such as insider vs outsider privatization, employee ownership, and employee control, do not affect the firm's employment and investment behavior. The results suggest that a major exposure to world competition induces similar economic behavior in firms with different structural and institutional characteristics.
Czech name
Restrukturalizace firem v průběhu transformace: vlastnictví, instituce a otevřenost k obchodu
Czech description
Popisujeme teoretické základy obranné a strategické restrukturalizace, které používáme k odhadu důsledků restrukturalizace ve vyvinuté tranzitivní ekonomice Slovinska. Výsledky naznačují, že privatizované firmy maximalizují zisk a chovají se podobně jakojejich konkurenti na světovém trhu. Tento výsledek nezávisí na typu privatizace, vlastnictvi zaměstnanců či jejich kontrole nad podnikem.
Classification
Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
<a href="/en/project/LC542" target="_blank" >LC542: Center of Advanced Political Economy Research</a><br>
Continuities
Z - Vyzkumny zamer (s odkazem do CEZ)
Others
Publication year
2008
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Journal of International Business Studies
ISSN
0047-2506
e-ISSN
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Volume of the periodical
39
Issue of the periodical within the volume
4
Country of publishing house
GB - UNITED KINGDOM
Number of pages
22
Pages from-to
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UT code for WoS article
000255984400012
EID of the result in the Scopus database
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