Privatization, Corporate Governance and the Emergence of Markets - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Privatization, Corporate Governance and the Emergence of Markets write by E. Rosenbaum. This book was released on 2000-03-23. Privatization, Corporate Governance and the Emergence of Markets available in PDF, EPUB and Kindle. The volume focuses on privatisation in transition countries, addressing issues ranging from corporate governance to the relationship between privatisation and the emergence of markets, from a multi-disciplinary perspective. The contributors investigate both the theoretical groundwork of privatisation and enterprise restructuring as well as recent empirical evidence. The contributions show that changes in ownership titles are but one part of the story, being closely interwoven as they are with the transformation of corporate governance, enterprise restructuring, network transformation and the emergence of markets.
Privatization and Corporate Governance in Eastern Europe
Privatization and Corporate Governance in Eastern Europe - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Privatization and Corporate Governance in Eastern Europe write by Roman Frydman. This book was released on 1991. Privatization and Corporate Governance in Eastern Europe available in PDF, EPUB and Kindle.
Corporate Governance in Central Eastern Europe
Corporate Governance in Central Eastern Europe - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Corporate Governance in Central Eastern Europe write by Joseph C. Brada. This book was released on 2019-06-19. Corporate Governance in Central Eastern Europe available in PDF, EPUB and Kindle. This volume focuses on the performance of firms as a measure of the effectiveness of corporate governance, and then attempts to draw conclusions about the relative advantages of different ownership structures. The analysis is based on studies of firms in the Czech Republic, Hungary and Poland.
Privatization in Eastern Europe
Privatization in Eastern Europe - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Privatization in Eastern Europe write by Roman Frydman. This book was released on 1994-01-01. Privatization in Eastern Europe available in PDF, EPUB and Kindle. In Eastern Europe privatization is now a mass phenomenon. The authors propose a model of it by means of an illustration from the example of Poland, which envisages the free provision of shares in formerly public undertakings to employees and consumers, and the provision of corporate finance from foreign intermediaries. One danger that emerges is that of bureaucratization. On the broader canvas, mass privatization implies the reform of the whole system, the creation of a suitable economic infrastructure for a market economy and the institutions of corporate governance. The authors point out the need for a delicate balance between evolution - which may be too slow - and design - which brings the risk of more government involvement than it is able to manage. A chapter originating as a European Bank working paper explores the banking implications of setting up a totally new financial sector with interlocking classes of assets. The economic effects merge into politics as the role of the state is investigated. Teachers and graduate students of public/private sector economies, East European affairs; advisers to bankers or commercial companies with Eastern European interests.
The Politics of Greed
The Politics of Greed - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Politics of Greed write by Andrew Harrison Schwartz. This book was released on 2006-10-12. The Politics of Greed available in PDF, EPUB and Kindle. With the dissolution of the Soviet Empire, it seemed that market capitalism had triumphed and that democracy might replace authoritarian regimes. Economic reformers in the former Eastern Bloc rushed to liberalize prices and transfer state assets to private hands. They assumed that private owners in a market setting would have no choice but to behave rationally—that is, to invest in restructuring privatized enterprises so as to maximize profits. They also assumed that these owners would perceive a stable institutional environment as conducive to economic success and thus become a powerful lobby in favor of the rule of law, paving the way for democracy. The post-communist reality turned out to be very different. Private owners found that in a weak state with limited laws and regulations and ineffective corporate governance structures, it was more lucrative to steal enterprise assets and exploit opportunities for arbitrage than to restructure enterprises. The lesson learned is that not all forms of private ownership are the same. As this book's in-depth political history of privatization in Central and Eastern Europe demonstrates, the way that assets are privatized matters, both with respect to national economic performance and the successful development of the rule of law. Andrew Harrison Schwartz had unprecedented access to high-level Czech government officials during the Czech Republic's privatization process. This book is the result of the unique insights he gained and the innovative analytical framework he subsequently developed—ownership regime theory—which for the first time places ownership structures at the center of political transition analysis. Engaging and important, The Politics of Greed applies ownership regime theory to a broad range of post-communist privatization cases, including those of the Czech Republic, Poland, Hungary, Russia, and Ukraine.
