We analyze the extent of the integrated control of the state over privatized firms during the post-privatization decade (1995–2005) in the Czech Republic. During this period the integrated control potential of the state resembled a corporate pyramid. While pyramidal control was not fully...

This study concentrates on interactions, price convergence and co-movements among the organized (and parallel) markets in the Czech Republic. Significant and lasting price differences between the individual trading channels available to the investor are documented and they are attributed to the...