Influencia de la estructura de propiedad en la eficiencia de las privatizaciones empresariales

  1. Cabeza García, Laura
  2. Gómez Ansón, Silvia
Liburua:
Administrando en entornos inciertos = managing in uncertain environment
  1. Cossío Silva, F. J. (coord.)

Argitaletxea: Escuela Superior de Gestión Comercial y Marketing, ESIC

ISBN: 978-84-7356-609-4

Argitalpen urtea: 2009

Biltzarra: Asociación Europea de Dirección y Economía de Empresa. Congreso Nacional (23. 2009. Sevilla)

Mota: Biltzar ekarpena

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Laburpena

Using a sample of 55 Spanish privatised firms in the period 1985-2003, we analyse whether the identity of the main shareholder influences on post-privatisation firms� performance. After controlling for possible sample selection bias related to the government�s choice of firm method of privatisation, the results suggest that when State is not the main shareholder an improvement in firms� efficiency seems to take place. In addition, the industry competitiveness seems to play an important role in the success of privatisation as post-privatisation improvements take place in competitive sectors.

Datuen iturria: Dialnet