This paper examines the performance of 515 banks in 16 transition economies for the years 1994 – 99 based on their … whether these banks exhibit behaviour and performance associated with excessive risk-taking. While we do not find evidence of … banks' performance differs significantly depending on the reform environment, as well as the competitive conditions, in …

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 …