privatization is a process in which the ownership of governmental economic enterprises is transferred to private sector. according to other countries’ experiences and discussed economic theories over the past decades, privatization has improved the performance of companies and economic enterprises. in this study, financial ratios of companies were used as their performance indicators. this pape...

Politicians in‡uence the allocation of …nance either directly via state banks, or indirectly via private banks using banking regulation or creditor rights. With state ownership of banks, entrepreneurs may form coalitions to bribe politicians to obtain scarce loans. With private ownership of banks, interest groups may lobby to in‡uence creditor rights to limit access to less established …rms. Wh...

providing efficient programme to promote urban landscape is considered as one of the most significant element of development in developed cities. the significance will become more considerable in edges of megacities where a lot of environmental, social, and economic issues are evident. this article is trying to deal with the importance of landscape control in relation with a neighborhood by sug...

BACKGROUND A growing number of German hospitals have been privatized with the intention of increasing cost effectiveness and improving the quality of health care. Numerous studies investigated what possible qualitative and economic consequences these changes issues might have on patient care.However, little is known about how this privatization trend relates to physicians' working conditions an...

There is debate over the relationship between ownership structure and firm performance. Most existing studies look at established listed companies in developed countries, in which the market mechanism is well developed. Meanwhile, the relationship between ownership structure and firm performance in small and medium enterprises (SMEs) in transition countries has been largely ignored. Drawing on ...

Jiangsu and Zhejiang are of two of China most prosperous and dynamic provinces. This paper first presents a factual account of two empirical phenomena: 1) FDI has played a more substantial role in the economic development of Jiangsu than in Zhejiang, and 2) ownership biases against domestic private firms in Jiangsu were more substantial than in Zhejiang. The paper hypothesizes that there is a c...

INTRODUCTION Patient satisfaction with care received is an important dimension of evaluation that is examined only rarely in developing countries. Evidence about how satisfaction differs according to type of provider or patient payment status is extremely limited. OBJECTIVE To (i) compare patient perceptions of quality of inpatient and outpatient care in hospitals of different ownership and (...

This paper examines how control and ownership structure affect share repurchases in an emerging market where controlling families derive large private benefits. Whereas firms with concentrated ownership often pay cash dividends, firms with weak control rights often repurchase shares. The magnitude of repurchase increases with weak control rights, but decreases with strong foreign ownership. The...

In the light of corporate social responsibility, company success is determined not only by economic performance but also by social and environmental performance. Hence, the value based environmental management improves corporate environmental performance and enhances business excellence. Th e purpose of this paper is to examine the differences in environmental performance among companies of var...