Are some owners better than others in Czech privatized firms? Even meta-analysis can't make us perfectly sure

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11230%2F17%3A10367934" target="_blank" >RIV/00216208:11230/17:10367934 - isvavai.cz</a>

Výsledek na webu

<a href="http://dx.doi.org/10.1016/j.ecosys.2017.06.001" target="_blank" >http://dx.doi.org/10.1016/j.ecosys.2017.06.001</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1016/j.ecosys.2017.06.001" target="_blank" >10.1016/j.ecosys.2017.06.001</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Are some owners better than others in Czech privatized firms? Even meta-analysis can't make us perfectly sure

Popis výsledku v původním jazyce

We use a total of 1171 estimates extracted from 34 previous studies and perform a meta-analysis to examine the relationship between ownership structures and firm performance in Czech mass-privatized firms. We find that, in contrast to the remarkable effect of foreign ownership on firm performance and restructuring activities, domestic private entities were incapable of outperforming the state as owners of Czech companies. Our assessment of publication selection bias, however, indicates that the collected estimates do not contain genuine evidence for many types of corporate ownership. Further development and improvement in this study area are necessary to capture the true effect. Finally, we also point out the importance to draw (meta-analysis) inferences based on studies that employ adequate methodology.

Název v anglickém jazyce

Are some owners better than others in Czech privatized firms? Even meta-analysis can't make us perfectly sure

Popis výsledku anglicky

We use a total of 1171 estimates extracted from 34 previous studies and perform a meta-analysis to examine the relationship between ownership structures and firm performance in Czech mass-privatized firms. We find that, in contrast to the remarkable effect of foreign ownership on firm performance and restructuring activities, domestic private entities were incapable of outperforming the state as owners of Czech companies. Our assessment of publication selection bias, however, indicates that the collected estimates do not contain genuine evidence for many types of corporate ownership. Further development and improvement in this study area are necessary to capture the true effect. Finally, we also point out the importance to draw (meta-analysis) inferences based on studies that employ adequate methodology.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50201 - Economic Theory

Projekt

<a href="/cs/project/GA15-15927S" target="_blank" >GA15-15927S: Chování podniků, jejich efektivita a finance z mezinárodní perspektivy</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2017

Kód důvěrnosti údajů

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

Název periodika

Economic Systems

ISSN

0939-3625

e-ISSN

—

Svazek periodika

41

Číslo periodika v rámci svazku

4

Stát vydavatele periodika

NL - Nizozemsko

Počet stran výsledku

32

Strana od-do

537-568

Kód UT WoS článku

000423246500006

EID výsledku v databázi Scopus

2-s2.0-85036514458