Empirical Analysis of Corporate Governance in Transition

Abstract

The practical problem of trying to understand the transition has focused attention on the nature of the firm in a capitalist economy and on the role of corporate governance in catch-up growth and for economic performance more generally. The limited capacity of economic theory to provide an explanation for the different patterns of ownership and control of companies across mature market economies is matched by the relatively small volume of empirical research investigating the relationship between the structure of ownership and control and performance. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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