• DOI:10.2139/SSRN.846364
Corpus ID: 14681290

Ownership Change, Institutional Development and Performance

@article{Knyazeva2013OwnershipCI,
  title={Ownership Change, Institutional Development and Performance},
  author={A. Knyazeva and Diana Knyazeva and J. Stiglitz},
  journal={Journal of Banking and Finance},
  year={2013},
  volume={37},
  pages={2605-2627}
}

• A. Knyazeva, Diana Knyazeva, J. Stiglitz
• Published 2013
• Economics
• Journal of Banking and Finance

This paper conducts a cross-country empirical study of the impact of institutions and agency conflicts on ownership reforms and their implications for changes in performance and efficiency. We examine two main questions. First, we evaluate the effects of certain property rights and institutional quality measures on performance and efficiency. We find that property rights and contracting rights protections contribute to stronger post-privatization performance. Second, we ask whether sectors… Expand

View via Publisher

www8.gsb.columbia.edu

Save to Library

Create Alert

Cite

Launch Research Feed