Employee Ownership in Privatization
Employee Ownership in Privatization

Author: Felix FitzRoy

Publisher:

Published: 1998

Total Pages: 60

ISBN-13:

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Based on empirical evidence, examines experiences of employee ownership within the context of privatization legislation and its diffusion and implementation problems in 14 transitional economies. Presents some of the weaknesses of privatization and identifies possible improvements such as the use of employee ownership in combination with other privatization methods.

Privatization Surprises in Transition Economies
Privatization Surprises in Transition Economies

Author: Milica Uvalić

Publisher: Edward Elgar Publishing

Published: 1997

Total Pages: 348

ISBN-13:

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A wide-ranging survey which considers employee ownership within privatization legislation and its diffusion and implementation problems in 14 transitional economies. Ten articles address issues such as enterprise restructuring, employment, wages, productivity, and investment policies. The authors conclude that the employee ownership method has proven to be one of the quickest and has brought with it many positive changes. They also identify possible improvements such as the use of employee ownership in combination with other methods. Annotation copyrighted by Book News, Inc., Portland, OR

Should Employee Participation be Part of Privatization?
Should Employee Participation be Part of Privatization?

Author: Barbara W. Lee

Publisher: World Bank Publications

Published: 1991

Total Pages: 31

ISBN-13:

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Employee participation has grown rapidly in many developed countries, but it is only beginning to emerge as an element in the economies of developing nations. Evidence shows that employee ownership and other forms of employee participation can ease privatization.

Private Ownership and Corporate Performance
Private Ownership and Corporate Performance

Author:

Publisher: World Bank Publications

Published: 1997

Total Pages: 44

ISBN-13:

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The assumption behind privatisation in eastern Europe and elsewhere is that private ownership improves corporate performance. We focus on comparing the performance of state firms with either private or privatised firms operating under reasonably similar conditions in three countries of eastern Europe. We supplement this comparison by an examination of the relative performance of privatised and state firms in the period before the former were privatised. Our empirical results confirm the hypothesis that the effect of ownership change is particularly pronounced on the revenue side of corporate performance. In general, we find that firms with outsider owners significantly outperform the firms with insider owners on most performance measures, and that the employees are particularly ineffective owners (indeed less effective than the state). Subscribe to publications email alerts.