Exports and the economic performance of large state-owned enterprises in Poland: evidence from firm-level data

• Authors: Katarzyna Szarzec , Wanda Nowara , Iwona Olejnik

Title variants

PL

Exports and the economic performance of large state-owned enterprises in Poland: evidence from firm-level data

• Languages of publication: EN

Abstracts

PL

The aim of this paper is to investigate the relation between exports and economic performance, and the extent of state ownership in the largest non-financial enterprises in Poland in 2011–2015. We address the following research questions: (i) What is the share of export companies in the group of the largest non-financial enterprises in Poland in terms of ownership structure (stateowned and privately-owned companies) and sectors? (ii) Are there differences in the economic performance of exporting companies compared to their non-exporting counterparts? Among the largest exporters, state-owned companies and companies from the manufacturing and mining sectors still dominate. Exporting state-owned enterprises have higher productivity than non-exporters, which could be caused by their dominant position on the domestic oligopolistic market. Exporting private-owned companies performed better in the case of ROA and ROE than exporting SOEs. This could be explained by the fact that private companies have a higher efficiency of property management and are expected to pay dividends by their shareholders. 

Keywords

EN

state-owned enterprises; export; economic performance; JEL codes: H82; L25; F14; state-owned enterprises; export; economic performance; JEL codes: H82; L25; F14

PL

state-owned enterprises; export; economic performance; JEL codes: H82; L25; F14

• Publisher: Uniwersytet im. Adama Mickiewicza w Poznaniu
• Journal: Ruch Prawniczy, Ekonomiczny i Socjologiczny
• Year: 2020
• Volume: 82
• Issue: 1
• Pages: 265-282

Dates

published

2020-03-30

Contributors

author

Katarzyna Szarzec

• Uniwersytet Ekonomiczny w Poznaniu

• https://orcid.org/0000-0002-7675-2239

author

Wanda Nowara

• Urząd Statystyczny, Poznań

• https://orcid.org/0000-0002-9238-531X

author

Iwona Olejnik

• Uniwersytet Ekonomiczny w Poznaniu

• https://orcid.org/0000-0002-2019-0580

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Identifiers

DOI

10.14746/rpeis.2020.82.1.18