The Competence Centre for International Economics Research (FIW) kindly invites to participate in the Seminar in International Economics on the topic
Decentralized management model over the state ownership in Polish state owned enterprises
Adam Piłat
(University of Warsaw)
Thursday, 28th of January 2021, 4:00 p.m. (CET)
Registration link: https://my.demio.com/ref/3K5GUMroc4mU3aIr
The participation link will be sent to you immediately after registration.
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Description:
A preliminary analysis of the three-year experiment.
Most of the previous studies of the SOEs is focused on the comparison of the performance of state-owned and private companies. Empirical analyses of the decentralized and centralized systems of ownership management are very scarce. From the beginning of 2017 new regulation of the state ownership management is in force in Poland – it was introduced to increase efficiency of the supervision and management over the SOEs. Empirical evaluation of the reform is the main goal of the study. Main hypotheses assume that reform introduced from the beginning of 2017 entailed improvement of profitability and effectiveness of the Polish SOEs. In order to empirically evaluate the hypotheses difference-in-differences approach and panel data model were applied. Results reveal underperformance of the Polish SOEs in comparison to their private counterparties but do not provide sufficient proof of significant impact of the reform.
The seminar series is organised by the Vienna Institute for International Economic Studies (wiiw) in co-operation with FIW, the Centre of Competence in International Economics. The seminar provides a forum for presentation and discussion of recent academic research in the field of international economics.
