Enterprise Restructuring in Transition: A Quantitative Survey
这篇综述梳理了转型经济中企业重组的实证研究，分析了私有化、所有制类型、国内外竞争、软预算约束以及管理层激励等因素对重组效果的影响，帮助读者判断不同改革政策的相对有效性。
We survey the empirical literature analysing the process of enterprise restructuring in transition economies. The survey provides new insights into the relative effectiveness of different reform policies, and into how this effectiveness varies across regions. We study the effects of privatization, the importance of different types of owners, the effects of foreign and domestic competition, the consequences of soft budgets, and the role of managerial incentives and managerial human capital, on enterprise restructuring.