Carlin, Wendy; Fries, Steven; Schaffer, Mark; … - William Davidson Institute, University of Michigan - 2001
restructuring by firms and their subsequent performance as measured by growth in sales and in sales per employee over a three … the new market environment. We go on to analyse the impact on performance of ownership, soft budget constraints, the … ownership per se has no significant relationship to performance (though state-owned firms have engaged in significantly less …