Webinar: Decentralized management model over the state ownership in Polish state owned enterprises
28 January 2021 4:00 pm CET
Adam Piłat, University of Warsaw
In cooperation with:
Venue
Online event - See registration link below
Description
A preliminary analysis of the three-year experiment.
Adam Piłat
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 presentation, when available, will be posted online after the webinar.
Registration link: https://my.demio.com/ref/3K5GUMroc4mU3aIr
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Adam Piłat is a PhD candidate at the Faculty of Economic Sciences, University of Warsaw, associated with the Chair of Political Economy. His non-academic career is currently connected with the Polish state development bank, where he is employed as an analyst. In past he studied economics at the Faculty of Economic Sciences, University of Warsaw as well as law at the Faculty of Law and Administration, and he has master’s degree in both fields. His main research interests are focused on corporate welfare, and he is also working on Polish state-owned enterprises and the state role in the economy in general.
Keywords: state-owned enterprises, ownership structure, management model, performance, difference-in-differences