Počet záznamů: 1

Divide and privatize: firms break-up and performance

  1. 1.
    0337808 - NHU-C 2010 RIV CZ eng C - Konferenční příspěvek (zahraniční konf.)
    Hanousek, Jan - Kočenda, Evžen
    Divide and privatize: firms break-up and performance.
    Proceedings of 27th International Conference Mathematical Methods in Economics 2009. Prague: Czech University of Life Sciences Prague, 2009 - (Brožová, H.), s. 174-177. ISBN 978-80-213-1963-9.
    [27th International Conference Mathematical Methods in Economics 2009. Kostelec nad Černými lesy (CZ), 09.09.2009-11.09.2009]
    Grant CEP: GA ČR GA402/09/1595
    Výzkumný záměr: CEZ:MSM0021620846
    Klíčová slova: divestiture * corporate performance * emerging markets * endogeneity
    Kód oboru RIV: AH - Ekonomie

    The literature on corporate divestures in developed countries has provided considerable evidence on their positive effects but our understanding of these operations is still limited; it is not clear whether divestitures are undertaken to correct past development, to affect future course, or as a response to business cycle. We complement the literature by showing at large that effects of divestitures are positive, depend heavily on subsequent ownership structures and diminish with time.
    Trvalý link: http://hdl.handle.net/11104/0181725