Privatization, Foreign Acquisition, and Firm Performance: A New Empirical Methodology and its Application to Hungary

Miklós Szanyi, Péter Csizmadia, Miklós Illéssy and Csaba Makó

European Journal of Comparative Economics, 2010, vol. 7, issue 2, 307-343

Abstract: This study examines the effects of ownership transformation from the state to the private sector on firm performance in the post-privatization period using annual census-type data of Hungarian enterprises for the early 2000s. The empirical methodology designed to overcome the data limitations arising from an insufficient observation period effectively captured restructuring efforts by new owners and company managers and provided strong empirical evidence of the close relationship between ownership transformation and firm performance

Keywords: privatization; foreign investment; firm performance; meta-analysis; Hungary (search for similar items in EconPapers)
JEL-codes: G32 G34 H82 P31 P34 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:liu:liucej:v:7:y:2010:i:2:p:307-343

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