What determines the scale of state ownership in enterprises? Some evidence from post-socialist countries
State-owned enterprises still play an important role in many countries around the world. The aim of this research is to indicate which factors had a significant impact on the scale of state ownership in enterprises in the group of twenty eight post-socialist countries. The large scale privatisation...
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| Format: | Article |
| Language: | English |
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Sciendo
2020-12-01
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| Series: | Economics and Business Review |
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| Online Access: | https://doi.org/10.18559/ebr.2020.4.6 |
| _version_ | 1819116420754046976 |
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| author | Matuszak Piotr |
| author_facet | Matuszak Piotr |
| author_sort | Matuszak Piotr |
| collection | DOAJ |
| description | State-owned enterprises still play an important role in many countries around the world. The aim of this research is to indicate which factors had a significant impact on the scale of state ownership in enterprises in the group of twenty eight post-socialist countries. The large scale privatisation indicator from the EBRD and the novel microlevel-based SOE measure were regressed on sets of cultural, political, economic and control variables. The results show that cultural factors—represented by the dominant religion—had a substantial impact on the scale of state ownership in enterprises while the role of political and economic factors was less pronounced. These results emphasise the importance of cultural factors in shaping the scale of state ownership in enterprises. This study contributes to the literature by analysing factors influencing the scale of state ownership in enterprises in contemporary economic conditions which has been missing until now. |
| first_indexed | 2024-12-22T05:16:49Z |
| format | Article |
| id | doaj.art-8648a42bf0cc412f99a55437cce1d456 |
| institution | Directory Open Access Journal |
| issn | 2450-0097 |
| language | English |
| last_indexed | 2024-12-22T05:16:49Z |
| publishDate | 2020-12-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Economics and Business Review |
| spelling | doaj.art-8648a42bf0cc412f99a55437cce1d4562022-12-21T18:37:50ZengSciendoEconomics and Business Review2450-00972020-12-01649511710.18559/ebr.2020.4.6ebr.2020.4.6What determines the scale of state ownership in enterprises? Some evidence from post-socialist countriesMatuszak Piotr0Poznań University of Economics and Business, Institute of Economics, Department of Macroeconomics and Development Studies, al. Niepodległości 10, 61-875Poznań, PolandState-owned enterprises still play an important role in many countries around the world. The aim of this research is to indicate which factors had a significant impact on the scale of state ownership in enterprises in the group of twenty eight post-socialist countries. The large scale privatisation indicator from the EBRD and the novel microlevel-based SOE measure were regressed on sets of cultural, political, economic and control variables. The results show that cultural factors—represented by the dominant religion—had a substantial impact on the scale of state ownership in enterprises while the role of political and economic factors was less pronounced. These results emphasise the importance of cultural factors in shaping the scale of state ownership in enterprises. This study contributes to the literature by analysing factors influencing the scale of state ownership in enterprises in contemporary economic conditions which has been missing until now.https://doi.org/10.18559/ebr.2020.4.6state-owned enterprisesstate ownershippost-socialist countriesprivatisationtransitiono11p26l32l38 |
| spellingShingle | Matuszak Piotr What determines the scale of state ownership in enterprises? Some evidence from post-socialist countries Economics and Business Review state-owned enterprises state ownership post-socialist countries privatisation transition o11 p26 l32 l38 |
| title | What determines the scale of state ownership in enterprises? Some evidence from post-socialist countries |
| title_full | What determines the scale of state ownership in enterprises? Some evidence from post-socialist countries |
| title_fullStr | What determines the scale of state ownership in enterprises? Some evidence from post-socialist countries |
| title_full_unstemmed | What determines the scale of state ownership in enterprises? Some evidence from post-socialist countries |
| title_short | What determines the scale of state ownership in enterprises? Some evidence from post-socialist countries |
| title_sort | what determines the scale of state ownership in enterprises some evidence from post socialist countries |
| topic | state-owned enterprises state ownership post-socialist countries privatisation transition o11 p26 l32 l38 |
| url | https://doi.org/10.18559/ebr.2020.4.6 |
| work_keys_str_mv | AT matuszakpiotr whatdeterminesthescaleofstateownershipinenterprisessomeevidencefrompostsocialistcountries |