State ownership, political ideology, and firm performance around the world
研究发现国有制对企业财务绩效的负面影响并非普遍存在，而是因国家背景而异，政府政治意识形态及其与政治制度的交互作用显著影响这一关系。基于53年131个国家的国际样本，采用元分析技术检验假设。
It is often taken as a stylized fact that state ownership harms the financial performance of firms. Yet we show that this relationship varies greatly across national contexts. We argue that the political ideology of the government, both independently and in conjunction with political institutions (state capacity and political constraint), affects this relationship. We test our hypotheses using meta-analytical techniques on an international sample spanning 53 years and 131 countries. Our research sheds further light on the state ownership -firm performance relationship by highlighting the role of the political ideology of the government, and its interactions with political institutions.