Squeeze play: A case from the Hungarian privatisation
Privatisation of a state-owned enterprise is an acquisition by private investors from the state. In this article we present a case history from the Hungarian privatisation. For an adequate understanding of what privatisation is about, one needs to look at behavioural issues arising at the level of organisations undergoing privatisation. This should also be informative to any case of acquisitions, economic system regardless. We have found that in this case, chiefly due to the superior bargaining power of the acquirer, the privatisation process went relatively smoothly. In return, the firm could enter its postprivatisation era without those handicaps that typically resulted from intense external and internal politics in several other cases we studied.
Year of publication: |
1998
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Authors: | Antal-Mokos, Zoltán |
Published in: |
Journal for East European Management Studies. - Mering : Rainer Hampp Verlag, ISSN 0949-6181. - Vol. 3.1998, 2, p. 118-135
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Publisher: |
Mering : Rainer Hampp Verlag |
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