This paper investigates the formation of the ownership structure and the corporate governance system of the Ukraine as a country in transition. Numerous studies consider that privatization results in the establishment of a proprietors’ motivation mechanism. On the other hand it causes ownership concentration in the hands of a few shareholders and managers. The goal of
economic reform in transition and, largely, its pace, is measured by the degree to which shareholders participate in short- and long-term corporate value creation. Shareholder access to such created value depends on the ability of corporate “insiders”, especially executives and management, to claim a disproportionate share of corporate value (the “insider effect”). An econometric analysis of the correlation between privatization and macroeconomic factors studies the degree of effectiveness of economic reforming in Ukrainian regions.
Identifer | oai:union.ndltd.org:Potsdam/oai:kobv.de-opus-ubp:1218 |
Date | January 2006 |
Creators | Nosova, Olga, Bartels, Knut |
Publisher | Universität Potsdam, Wirtschafts- und Sozialwissenschaftliche Fakultät. Wirtschaftswissenschaften |
Source Sets | Potsdam University |
Language | English |
Detected Language | English |
Type | Book |
Format | application/pdf |
Source | Statistische Diskussionsbeiträge ; Nr. 25 / Lehrstuhl für Statistik und Ökonometrie, Wirtschafts- und Sozialwissenschaftliche Fakultät der Universität Potsdam |
Rights | http://opus.kobv.de/ubp/doku/urheberrecht.php |
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