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Quality & Quantity
Erschienen in:

03.03.2021

BRIC without B: Does ownership structure matters for firm performance in emerging economies?

verfasst von: Muhammad Yusuf Amin, Zahoor Ul Haq

Erschienen in: Quality & Quantity | Ausgabe 1/2022

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Abstract

This article tests the relationship between ownership and firm performance in emerging countries; Russia, India, and China. Annual financial and accounting data of 213 state-owned and 3,624 non-state-owned enterprises- for the period 2011–2015 are compiled from Orbis. The empirical results show that on average, the firm performance is negatively associated with state-owned enterprises in Russia, India and China. This is also confirmed with country-specific analysis except for Russia. These results suggest that among emerging countries, India and China’s state-owned enterprises are less profitable in comparison to non-state-owned enterprises. Lower profitability of state-owned enterprises is justified by the argument that the main goals of enterprises under state control are not in line.
Vorheriger Artikel The relation between complexity and synergy in the case of China: different ways of predicting GDP growth in a complex and adaptive system
Nächster Artikel Modeling of inflation cases in South Sulawesi Province using single exponential smoothing and double exponential smoothing methods

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Fußnoten
1
The softening of the budget constraint occurs when the strict relationship between earning and expenditure is relaxed.
 
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Metadaten
Titel
BRIC without B: Does ownership structure matters for firm performance in emerging economies?
verfasst von
Muhammad Yusuf Amin
Zahoor Ul Haq
Publikationsdatum
03.03.2021
Verlag
Springer Netherlands
Erschienen in
Quality & Quantity / Ausgabe 1/2022
Print ISSN: 0033-5177
Elektronische ISSN: 1573-7845
DOI
https://doi.org/10.1007/s11135-021-01124-8

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