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Why Ownership Matters

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Why Ownership Matters Politicization And Entrepreneurship In The Restructuring Of Enterprises In Central Europe

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Author : Roman Frydman
language : en
Publisher:
Release Date : 1998

Why Ownership Matters Politicization And Entrepreneurship In The Restructuring Of Enterprises In Central Europe written by Roman Frydman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with categories.

Why Ownership Matters

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Author : Roman Frydman
language : en
Publisher:
Release Date : 2000

Why Ownership Matters written by Roman Frydman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with categories.

Why Ownership Matters

DOWNLOAD
Author : Roman Frydman
language : en
Publisher:
Release Date : 1998

Why Ownership Matters written by Roman Frydman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with categories.

Why Ownership Matters Entrepreneurship And The Restructuring Of Enterprises In Central Europe

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Author : Roman Frydman
language : en
Publisher:
Release Date : 2006

Why Ownership Matters Entrepreneurship And The Restructuring Of Enterprises In Central Europe written by Roman Frydman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.

This paper, based on a study of mid-sized firms in the Czech Republic, Hungary, and Poland, seeks to explain the reasons behind the marked impact of ownership on firm performance which has been observed in a number of studies in Eastern Europe and other parts of the world. Focusing in particular on the differential impact of ownership on revenue and cost performance, the paper argues that privatized firms controlled by outside investors are more entrepreneurial than those controlled by corporate insiders or the state. The paper provides evidence that all state and privatized firms in transition economies engage in similar types of restructuring, but that product restructuring by firms owned by outsider investors is significantly more effective (in terms of revenue generation) than that by firms with other types of ownership. The paper also examines the impact of managerial turnover on revenue performance, as well as differences among managers of firms with different types of ownership, and concludes that the more entrepreneurial behavior of outsider-owned firms is due primarily to incentive effects, rather than human capital effects, of privatization. More specifically, the authors argue that the success of outsider-owned firms is due to their greater readiness to accept risks (as evidenced by the higher variance of the revenues generated by restructuring) and a lesser need to defend, and account for, their managerial decisions.

Media Concentration And Democracy

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Author : C. Edwin Baker
language : en
Publisher: Cambridge University Press
Release Date : 2006-12-11

Media Concentration And Democracy written by C. Edwin Baker and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-12-11 with Political Science categories.

Firmly rooting its argument in democratic and economic theory, the book argues that a more democratic distribution of communicative power within the public sphere and a structure that provides safeguards against abuse of media power provide two of three primary arguments for ownership dispersal. It also shows that dispersal is likely to result in more owners who will reasonably pursue socially valuable journalistic or creative objectives rather than a socially dysfunctional focus on the 'bottom line'. The middle chapters answer those agents, including the Federal Communication Commission, who favor 'deregulation' and who argue that existing or foreseeable ownership concentration is not a problem. The final chapter evaluates the constitutionality and desirability of various policy responses to concentration, including strict limits on media mergers.

A Political Theory Of The Firm

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Author : Susan Clark Muntean
language : en
Publisher:
Release Date : 2009

A Political Theory Of The Firm written by Susan Clark Muntean and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Business and politics categories.

I develop and test a new theory of corporate political strategy and behavior based upon ownership structure. I posit that firms with a principal owner structure will differ from firms with an independent management structure. To test this hypothesis, I analyze contributions to political parties, politicians, and political organizations. I find that principal owner firms are able to resolve collective action problems within the firm and innovate the most rapidly in response to campaign finance legislation. In addition, I find that ownership structure predicts which firms exhibit strong partisan preferences relative to their industry. Furthermore, ownership structure explains why some firms innovate in response to legal and political change, and are more likely to engage in philanthropic, partisan and ideological activities. These findings challenge much of the conventional wisdom regarding the political behavior of firms. Analytical methods applied in my research include causal modeling, pattern matching, econometrics, and case studies.