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State as Investor and State as Owner: Consequences for Firm Performance in India

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  • Chhibber, Pradeep
  • Majumdar, Sumit K

Abstract

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Suggested Citation

  • Chhibber, Pradeep & Majumdar, Sumit K, 1998. "State as Investor and State as Owner: Consequences for Firm Performance in India," Economic Development and Cultural Change, University of Chicago Press, vol. 46(3), pages 561-580, April.
    • Handle: RePEc:ucp:ecdecc:v:46:y:1998:i:3:p:561-80
    DOI: 10.1086/452358
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    Citations

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    Cited by:

    1. Sumon Kumar Bhaumik & Saul Estrin & Tomasz Mickiewicz, 2017. "Ownership identity, strategy and performance: Business group affiliates versus independent firms in India," Asia Pacific Journal of Management, Springer, vol. 34(2), pages 281-311, June.
    2. Sumit K. Majumdar, 2008. "Why Privatize? The Decline of Public Ownership in India and its Impact on Industrial Performance," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 9(2), pages 293-336, September.
    3. Jayesh Kumar, 2004. "Does Corporate Governance Influence Firm Value? Evidence from Indian Firms," Journal of Entrepreneurial Finance, Pepperdine University, Graziadio School of Business and Management, vol. 9(2), pages 61-92, Summer.
    4. Lazzarini, Sergio G. & Musacchio, Aldo, 2010. "Leviathan as a Minority Shareholder: A Study of Equity Purchases by the Brazilian National Development Bank (BNDES), 1995-2003," Insper Working Papers wpe_221, Insper Working Paper, Insper Instituto de Ensino e Pesquisa.
    5. Chhibber, Pradeep K & Majumdar, Sumit K, 1999. "Foreign Ownership and Profitability: Property Rights, Control, and the Performance of Firms in Indian Industry," Journal of Law and Economics, University of Chicago Press, vol. 42(1), pages 209-238, April.
    6. Loch, Murialdo & Marcon, Rosilene & Pruner da Silva, André Leonardo & Xavier, Wlamir Gonçalves, 2018. "Government's impact on the financial performance of electric service providers as both regulator and shareholder," Utilities Policy, Elsevier, vol. 55(C), pages 142-150.
    7. Kathuria, Vinish & Natarajan, Rajesh Raj & Sen, Kunal, 2010. "Does the institution of State Business Relations matter for Firm Performance? – A study of Indian Manufacturing," MPRA Paper 23053, University Library of Munich, Germany.
    8. Pillai, Rekha & Al-Malkawi, Husam-Aldin Nizar, 2018. "On the relationship between corporate governance and firm performance: Evidence from GCC countries," Research in International Business and Finance, Elsevier, vol. 44(C), pages 394-410.
    9. Majumdar, Sumit K., 2004. "The hidden hand and the license raj to An evaluation of the relationship between age and the growth of firms in India," Journal of Business Venturing, Elsevier, vol. 19(1), pages 107-125, January.
    10. Abdelbaset Queiri & Araby Madbouly & Sameh Reyad & Nizar Dwaikat, 2021. "Corporate governance, ownership structure and firms’ financial performance: insights from Muscat securities market (MSM30)," Journal of Financial Reporting and Accounting, Emerald Group Publishing Limited, vol. 19(4), pages 640-665, February.
    11. Jayesh Kumar, 2004. "Share holding Pattern and Firm Performance," Finance 0409008, University Library of Munich, Germany.
    12. Zorica Kalezić, 2015. "Ownership Concentration and Firm Performance in Transition Economies: Evidence from Montenegro," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 4(3), pages 5-64.
    13. Jayesh Kumar, 2003. "Ownership Structure and Corporate Firm Performance," Finance 0304004, University Library of Munich, Germany.

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