During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of … ability to influence law enforcement. Our econometric results, for about 950 firms in five transition economies, provide …

During the last ten years, Estonia has made strong efforts in terms of the transition to a market economy. This is … formal institutional setting, and in particular the corporate governance institutions, is crucial to further enhance the … process of economic transition of the country. It describes the current state the corporate governance structures as compared …