000 01216pab a2200169 454500
008 180718b2003 xxu||||| |||| 00| 0 eng d
100 _aPivovarsky, Alexander
245 _aOwnership concentration and performance in Ukraine's privatized enterprises
260 _c2003
300 _ap.10-42.
520 _aThis article investigates empirically the relationship between ownership concentration and performance in 376 partially and fully privatized Ukrainian enterprises. It finds that ownership concentration is positively associated with enterprise performance in Ukraine. The article also finds that concentration of ownership by foreign companies and banks is associated with better performance than ownership concentrated by the domestic owners. Ownership by Ukrainian investment funds and holding companies does not have a positive effect on performance. The article documents that, in contrast to predictions by many observers of early transition, privatization methods determined the long-term ownership structure of privatized firms. - Reproduced.
650 _aPublic ownership - Ukraine
650 _aPublic sector - Ukraine
650 _aPrivatization
773 _aIMF Staff Papers
909 _a56432
999 _c56432
_d56432