Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/219896 
Erscheinungsjahr: 
2017
Schriftenreihe/Nr.: 
Institute of Economic Research Working Papers No. 73/2017
Verlag: 
Institute of Economic Research (IER), Toruń
Zusammenfassung: 
Empirical research on the influence of the degree of ownership concentration in the employee-owned companies on their sales revenues thematically fits into the issue of efficiency of the direct privatisation method, in particular giving a state-owned enterprise for use against payment. The main goal of this article is to verify the research hypothesis stating that in employee-owned companies an increase in the degree of ownership concentration leads to an increase in sales revenues. In conducted empirical studies parameters of a Cobb-Douglas production function were estimated by Ordinary Least Squares method for two variants, differing in the way of measuring the degree of ownership concentration. The research hypothesis formulated in this paper was verified negatively as the increase in the degree of ownership concentration in employee-owned companies caused the decrease in their sales revenues.
Schlagwörter: 
privatisation process
direct privatisation
employee-owned company
productivity
ownership structure
JEL: 
D24
G32
L33
Creative-Commons-Lizenz: 
cc-by Logo
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe





Publikationen in EconStor sind urheberrechtlich geschützt.