Arbeitspapier
The causes and consequences of managerial change in Ukraine and the complementarity of reforms
This paper analyses the causes of managerial change and the impact of different reforms on firm performance, using survey data from 300 Ukrainian firms. The main findings are: 1) ownership and competition are linked to managerial change: de novo firms but also privatised firms experienced less turnover than state firms, indicating an entrenchment effect. Firms with few competitors had less turnover as well. 2) Managerial change and privatisation do not appear to play a role on their own but together positively affect profitability. 3) Similarly tough competition improves profitability and productivity in privatised firms only. 4) These findings suggest that privatisation, competition and managerial change are complementary measures to improve the performance of the firm.
- Language
-
Englisch
- Bibliographic citation
-
Series: LICOS Discussion Paper ; No. 88
- Classification
-
Wirtschaft
Firm Behavior: Theory
Mergers; Acquisitions; Restructuring; Voting; Proxy Contests; Corporate Governance
Comparison of Public and Private Enterprises and Nonprofit Institutions; Privatization; Contracting Out
Labor Turnover; Vacancies; Layoffs
- Subject
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managerial change
competition
privatisation
firm performance
- Event
-
Geistige Schöpfung
- (who)
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Warzynski, Frederic
- Event
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Veröffentlichung
- (who)
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Katholieke Universiteit Leuven, LICOS Centre for Transition Economics
- (where)
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Leuven
- (when)
-
2000
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Warzynski, Frederic
- Katholieke Universiteit Leuven, LICOS Centre for Transition Economics
Time of origin
- 2000
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