{"id":"https://openalex.org/W2001014080","doi":"https://doi.org/10.1080/12265080801911980","title":"Performance and Capital Structure of Privatized Firms in Europe","display_name":"Performance and Capital Structure of Privatized Firms in Europe","publication_year":2008,"publication_date":"2008-03-01","ids":{"openalex":"https://openalex.org/W2001014080","doi":"https://doi.org/10.1080/12265080801911980","mag":"2001014080"},"language":"en","primary_location":{"id":"doi:10.1080/12265080801911980","doi":"https://doi.org/10.1080/12265080801911980","is_oa":false,"landing_page_url":"https://doi.org/10.1080/12265080801911980","pdf_url":null,"source":{"id":"https://openalex.org/S47824075","display_name":"Global Economic Review","issn_l":"1226-508X","issn":["1226-508X","1744-3873"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-2"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Global Economic Review","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5058790616","display_name":"Mar\u00eda Jos\u00e9 Arcas","orcid":"https://orcid.org/0000-0003-0312-2153","observed_orcids":["https://orcid.org/0000-0003-0312-2153"]},"institutions":[{"id":"https://openalex.org/I255234318","display_name":"Universidad de Zaragoza","ror":"https://ror.org/012a91z28","country_code":"ES","type":"education","lineage":["https://openalex.org/I255234318"]}],"countries":["ES"],"is_corresponding":false,"raw_author_name":"Mar\u00eda Jos\u00e9 Arcas","raw_affiliation_strings":["Faculty of Economics and Business Administration, Department of Accounting and Finance, University of Zaragoza, Zaragoza, Spain"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Faculty of Economics and Business Administration, Department of Accounting and Finance, University of Zaragoza, Zaragoza, Spain","institution_ids":["https://openalex.org/I255234318"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5032920983","display_name":"Patricia Bachiller","orcid":"https://orcid.org/0000-0001-6661-1128","observed_orcids":["https://orcid.org/0000-0001-6661-1128"]},"institutions":[{"id":"https://openalex.org/I255234318","display_name":"Universidad de Zaragoza","ror":"https://ror.org/012a91z28","country_code":"ES","type":"education","lineage":["https://openalex.org/I255234318"]}],"countries":["ES"],"is_corresponding":true,"raw_author_name":"Patricia Bachiller","raw_affiliation_strings":["Faculty of Economics and Business Administration, Department of Accounting and Finance, University of Zaragoza, Zaragoza, Spain"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Faculty of Economics and Business Administration, Department of Accounting and Finance, University of Zaragoza, Zaragoza, Spain","institution_ids":["https://openalex.org/I255234318"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5032920983"],"corresponding_institution_ids":["https://openalex.org/I255234318"],"apc_list":null,"apc_paid":null,"fwci":0.5138,"has_fulltext":false,"cited_by_count":15,"citation_normalized_percentile":{"value":0.81259575,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":98},"biblio":{"volume":"37","issue":"1","first_page":"107","last_page":"123"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9887999892234802,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9887999892234802,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13901","display_name":"State Capitalism and Financial Governance","score":0.003000000026077032,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12225","display_name":"Political Influence and Corporate Strategies","score":0.00139999995008111,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/privatization","display_name":"privatization","score":0.9629999995231628},{"id":"https://openalex.org/keywords/state-owned-enterprises","display_name":"state-owned enterprises","score":0.8870000243186951},{"id":"https://openalex.org/keywords/firm-performance","display_name":"firm performance","score":0.7269999980926514},{"id":"https://openalex.org/keywords/capital-structure","display_name":"capital structure","score":0.9860000014305115},{"id":"https://openalex.org/keywords/ownership-structure","display_name":"ownership structure","score":0.6869999766349792},{"id":"https://openalex.org/keywords/corporate-governance","display_name":"corporate governance","score":0.4410000145435333},{"id":"https://openalex.org/keywords/enterprise-efficiency","display_name":"enterprise efficiency","score":0.5429999828338623},{"id":"https://openalex.org/keywords/profitability","display_name":"profitability","score":0.8669999837875366},{"id":"https://openalex.org/keywords/financial-leverage","display_name":"leverage","score":0.9179999828338623},{"id":"https://openalex.org/keywords/european-union","display_name":"European Union","score":0.42800000309944153}],"concepts":[{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.578607439994812},{"id":"https://openalex.org/C149933338","wikidata":"https://www.wikidata.org/wiki/Q950816","display_name":"Capital structure","level":3,"score":0.554036021232605},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.4334530532360077},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.3512665033340454},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3340456783771515},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3338310420513153},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.16106608510017395},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1080/12265080801911980","doi":"https://doi.org/10.1080/12265080801911980","is_oa":false,"landing_page_url":"https://doi.org/10.1080/12265080801911980","pdf_url":null,"source":{"id":"https://openalex.org/S47824075","display_name":"Global Economic Review","issn_l":"1226-508X","issn":["1226-508X","1744-3873"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-2"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Global Economic Review","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:taf:glecrv:v:37:y:2008:i:1:p:107-123","doi":null,"is_oa":false,"landing_page_url":"http://www.tandfonline.com/doi/abs/10.1080/12265080801911980","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/16","score":0.5473999977111816,"display_name":"Peace, justice, and strong institutions"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":30,"referenced_works":["https://openalex.org/W40260141","https://openalex.org/W172295572","https://openalex.org/W1553936003","https://openalex.org/W1969519191","https://openalex.org/W1976675839","https://openalex.org/W1979984511","https://openalex.org/W1985439062","https://openalex.org/W1987282966","https://openalex.org/W2006885981","https://openalex.org/W2008771942","https://openalex.org/W2034625637","https://openalex.org/W2046847749","https://openalex.org/W2050027136","https://openalex.org/W2054076828","https://openalex.org/W2056698298","https://openalex.org/W2084310832","https://openalex.org/W2089842977","https://openalex.org/W2097672706","https://openalex.org/W2104273456","https://openalex.org/W2115846503","https://openalex.org/W2129755254","https://openalex.org/W2130182730","https://openalex.org/W2131699498","https://openalex.org/W2147827770","https://openalex.org/W2149003022","https://openalex.org/W2153111915","https://openalex.org/W2752617332","https://openalex.org/W3121353644","https://openalex.org/W3121589469","https://openalex.org/W3122613279"],"related_works":["https://openalex.org/W3123777668","https://openalex.org/W7096037416","https://openalex.org/W4298306734","https://openalex.org/W2008807774","https://openalex.org/W2914029609","https://openalex.org/W2089931940","https://openalex.org/W215903022","https://openalex.org/W6886107271","https://openalex.org/W3121353644","https://openalex.org/W1758815388"],"abstract_inverted_index":{"The":[0],"objective":[1],"of":[2,77,81],"this":[3],"paper":[4],"is":[5],"to":[6,28,85],"analyze":[7,48,74],"whether":[8,30,49],"there":[9,50],"are":[10,51,94],"differences":[11,52],"in":[12,21,62],"performance":[13],"between":[14,53],"private":[15,60,101],"firms":[16,20,61,93,99],"and":[17,35,59,66],"recently":[18,54],"privatized":[19,55,92],"the":[22,69,75,78],"European":[23],"Union,":[24],"as":[25,27],"well":[26],"determine":[29],"ownership":[31],"(state-owned":[32],"versus":[33],"private)":[34],"regulation":[36],"affect":[37],"capital":[38,79],"structure.":[39],"Focusing":[40],"on":[41],"economic":[42],"reasons":[43],"that":[44,91],"justify":[45],"privatizations,":[46],"we":[47,73],"state-owned":[56],"enterprises":[57],"(SOEs)":[58],"their":[63],"profitability,":[64],"leverage":[65],"efficiency":[67],"during":[68],"period":[70],"1999\u20132002.":[71],"Also,":[72],"determinants":[76],"structure":[80],"these":[82],"firms.":[83],"Contrary":[84],"previous":[86],"studies,":[87],"our":[88],"results":[89],"show":[90],"not":[95],"less":[96],"efficient":[97],"than":[98],"with":[100],"ownership.":[102]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":1},{"year":2018,"cited_by_count":2},{"year":2017,"cited_by_count":4},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":2},{"year":2014,"cited_by_count":1}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2016-06-24T00:00:00"}