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however that even the sale of minority stakes has a positive impact on firm performance and productivity. As the government … monitoring managerial performance rather than to a change in owners' objectives. Consistent with this interpretation, we find … evidence also suggests that privatization and competition have a complementary impact on firm performance. …
Persistent link: https://www.econbiz.de/10005561387
This paper analyzes patterns of foreign direct investment in India. We investigate how labor conflict, credit constraints, and indicators of a state’s economic health influence location decisions of foreign firms. We account for the possible endogeneity of labor conflict variables in modeling...
Persistent link: https://www.econbiz.de/10005124865
This paper explores potential channels through which information technology (IT) affects economic development. The channel emphasized here is the reduction of transaction costs through the use of information technology. We discuss the nature of transaction costs, their possible impacts on...
Persistent link: https://www.econbiz.de/10005118690