Post - Privatisation Corporate Governance , Corporate Entrepreneurship and Firm Performance in Privatised Firms in a Transitioning Economy

A growing number of studies have examined the relationship between corporate governance and corporate entrepreneurship, with most finding that corporate governance has a significant influence (Zahra, 1996, Zahra et al., 2000b). However, the question of which ownership structure and governance mechanism most significantly drives corporate entrepreneurship in transitioning economies is still underexplored (Phan et al., 2009) and the literature still lacks an in-depth account of how boards of directors and their top management teams develop and guide entrepreneurial activities for their firms.