Ownership Structures and Firm Performance in South Eastern Europe

Mitko Dimitrov ()
Additional contact information
Mitko Dimitrov: Economic Research Institute at BAS, Bulgaria

Chapter 22 in Economies in Transition and the Variety of Capitalisms. Features, Changes, Convergence, 1999, pp 405-418 from Bulgarian Academy of Sciences - Economic Research Institute

Abstract: The paper presents the results of study of 300 state, private and privatized firms from Bulgaria, Romania and Albania. There is shown the connection between the ownership structure and firm performance, measured by 8 indexes - sales, employment, productivity, profit/sales ratio, export/sales ratio, age of capital, level of technology and economic position. Also used is the general performance index which aims to neutralize the influence of the undeveloped environment in which the enterprises function. The comparative analysis shows the similarities and differences in the revealing of the connection between the ownership structure and firm performance in the three countries. There is made an attempt the differences to be explained with the specifics of the economic system and the way of executing its transformation in each of the studied countries.

Date: 1999
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.iki.bas.bg/RePEc/BAS/ecchap/CH_Ownershi ... irmPerformance_F.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bas:ecchap:1

Access Statistics for this chapter

More chapters in ERI-BAS Chapters from Bulgarian Academy of Sciences - Economic Research Institute Contact information at EDIRC.
Bibliographic data for series maintained by Diana Dimitrova ().