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Impact of Corporate Ownership on Economic Performance of Agroholdings in Russia 31
Matyukha, Andriy; Perekhozhuk, Oleksandr; Saraykin, Valeriy; Uzun, Vasilii.
This study conveys the impact of corporate ownership on economic performance of agroholdings – integrated agricultural, processing, marketing, financial and industrial business units in Russia’s agro-food sector. Using a unique database of the All-Russian Nikonov-Institute of Agrarian Problems and Informatics, we investigate 151 agroholdings in Russia and evaluate their economic performances for 2006. Applying the multiple linear regression analysis we were able to quantify corporate ownership and analyze a priori unobserved factors. The results of the econometric estimation reveal that state ownership exerts negative influence on the economic performance of agroholdings.
Tipo: Conference Paper or Presentation Palavras-chave: Agroholding; Corporate Ownership; Performance; Russia; Agribusiness.
Ano: 2011 URL: http://purl.umn.edu/115535
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Ownership Structure in the Post-Privatized Brazilian Steel Industry: Complexity, Instability and the Lingering Role of the State 31
Amann, Edmund; Ferraz, Joao Carlos.
This article examines the impacts of privatization on patterns of ownership structure and the role of the State in the Brazilian steel industry. Following a review of the theoretical literature our empirical analysis suggests that the results of privatization on the sector have been considerably more complex and nuanced than might have been expected. In particular we find that privatization has been associated with increasing complexity and instability in patterns of corporate ownership. At the same time, the State, far from withdrawing to the regulatory sidelines, has continued to play an active role both as a lender and as an important indirect investor.
Tipo: Working or Discussion Paper Palavras-chave: Brazil; Latin America; Privatization; Corporate Ownership; Role of the State; Industrial Organization.
Ano: 2004 URL: http://purl.umn.edu/30688
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