Corporate Governance and Firm’s Efficiency: The Case of a Transitional Country, Ukraine

@article{Zelenyuk2006CorporateGA,
  title={Corporate Governance and Firm’s Efficiency: The Case of a Transitional Country, Ukraine},
  author={V. Zelenyuk and Vitaliy Zheka},
  journal={Journal of Productivity Analysis},
  year={2006},
  volume={25},
  pages={143-157}
}
In this study, we look for empirical support for the hypothesis that there is a positive relationship between the levels of corporate governance quality across firms and the relative efficiency levels of these firms. This hypothesis is related to Leibenstein’s idea of X-efficiency. We use the data envelopment analysis (DEA) estimator to obtain proxies for X-[in]efficiency of firms in our sample and then analyze them with respect to different ownership structures by comparing distributions and… Expand
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