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The Spanish privatisation process: Implications on the performance of divested firms
16 references·2 citing·33 second hop
The Spanish privatisation process: Implications on the performance of divested firms (2006)The Spanish privatisation process: Implic…Privatization and Its Benefits: Theory and Evidence (2003)Privatization and Its Benefit…China share issue privatization: the extent of its success (2003)China share issue privatizati…Enterprise Restructuring in Transition: A Quantitative Survey (2002)Enterprise Restructuring in T…State-Owned and Privately Owned Firms: An Empirical Analysis of Profitability, Leverage, and Labor Intensity (2001)State-Owned and Privately Own…From State to Market: A Survey of Empirical Studies on Privatization (2001)From State to Market: A Surve…Privatization and efficiency: differentiating ownership effects from political, organizational, and dynamic effects (2000)Privatization and efficiency:…The Financial and Operating Performance of Privatized Firms during the 1990s (1999)The Financial and Operating P…The Benefits of Privatization: Evidence from Mexico (1999)The Benefits of Privatization…The Financial and Operating Performance of Newly Privatized Firms: Evidence from Developing Countries (1998)The Financial and Operating P…The Financial and Operating Performance of Newly Privatized Firms: An International Empirical Analysis (1994)The Financial and Operating P…The Financial and Operating Performance of Newly Privatized Firms: An International Empirical Analysis (1994)The Financial and Operating P…Ownership versus competition: Efficiency in public enterprise (1992)Ownership versus competition:…Privatization: An Economic Analysis. (1990)Privatization: An Economic An…Privatization: an economic analysis (1989)Privatization: an economic an…Privatization in Theory and Practice (1986)Privatization in Theory and P…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…An investigation of the effect of financial leverage on firm financial performance in Saudi Arabia's public listed companies (2014)An investigation of the effec…Post-privatisation ownership concentration: Determinants and influence on firm efficiency (2011)Post-privatisation ownership …On the Existence of an Optimal Capital Structure: Theory and Evidence (1984)Politicians and Firms (1994)Political Connections and Corporate Bailouts (2006)Politically connected CEOs, corporate governance, and Post-IPO performance of China's newly partially privatized firms☆ (2007)Ownership and Performance in Competitive Environments: A Comparison of the Performance of Private, Mixed, and State-Owned Enterprises (1989)Regulation, Productivity and Growth: OECD Evidence (2003)Ownership Structure and Firm Value in China's Privatized Firms: 1991–2001 (2005)Earnings management and the underperformance of seasoned equity offerings11We thank Brad Barber (the referee), Randy Beatty, Vic Bernard, K.C. Chan, Kent Daniel, M. DeFond, Laura Field, David Heike, Chuan Yang Hwang, Jonathan Karpoff, S.P. Kothari, Charles Lee, Wayne Mikkelson (the editor), Tim Opler, Krishna Palepu, K. Ramesh, Jay Ritter, Terry Shevlin, Doug Skinner, Sheridan Titman, Ross Watts, Jerry Zimmerman, and seminar participants at the University of California Finance and Accounting Conference (Davis, March 1995), the NBER Corporate Finance Conference (Boston, August 1995), the Center for Research in Security Prices Seminar (Chicago, October 1995), the American Finance Association Conference (San Francisco, 1996), the American Accounting Association Conference (Chicago, August 1996), the University of Michigan, and the University of Rochester for helpful comments and discussions. (1998)International Corporate Governance (2003)The Structure of Corporate Ownership: Causes and Consequences (1985)Management ownership and market valuation (1988)The Theory of Industrial Organization (1988)Chapter 21 Not-for-profit ownership and hospital behavior (2000)Hospital ownership and cost and quality of care: is there a dime’s worth of difference? (2001)Does Ownership Type Matter for Corporate Social Responsibility? (2012)A Survey of Corporate Governance (1997)Law and Finance (1998)Corporate Ownership Around the World (1999)The Fundamental Institutions of China's Reforms and Development (2011)The Problem of Social Cost (1960)World Investment Report (2017)A Brief History of Neoliberalism (2020)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Institutions, Institutional Change and Economic Performance (1991)Understanding the Soft Budget Constraint (2003)Theoretical foundations of emerging economy business research (2015)Stock Market Liberalization, Economic Reform, and Emerging Market Equity Prices (2000)The role of state and foreign owners in corporate risk-taking: Evidence from privatization (2012)Economic Perspectives on Privatization (1991)Partial privatization in mixed duopoly (1998)The Effects of Privatization and Ownership in Transition Economies (2009)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? 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References

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  • 2001From State to Market: A Survey of Empirical Studies on Privatization3,555 cited
  • 1994The Financial and Operating Performance of Newly Privatized Firms: An International Empirical Analysis1,416 cited
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  • 1989Privatization: an economic analysis306 cited
  • 2000

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Privatization and efficiency: differentiating ownership effects from political, organizational, and dynamic effects
293 cited
  • 2003Privatization and Its Benefits: Theory and Evidence292 cited
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    • 2011Post-privatisation ownership concentration: Determinants and influence on firm efficiency28 cited
    • 2014An investigation of the effect of financial leverage on firm financial performance in Saudi Arabia's public listed companies21 cited