The privatization in transition countries generated distorsions. Among the most dangerous distorsions are those … introduced by a non legal or criminal privatization of management with the help of former or new informal networks connecting …

contracts that negatively affected the contents of privatization, seriously biasedcorporate governance and led to the poor …

This research investigates the emergence of stock market in the Czech Republic. We use Czech mass privatization as an … if certain pre-privatization and privatization characteristics of the companies had been taken into account when deciding … which companies to place on the stock exchange for public trading following the mass privatization. This result has …

privatization process. A simple model which includes a supplier of services and retail firms is presented and applied to study the … effects of various sequences of privatization. Our findings indicate that privatizing the supplier first is always at least as …

emphasis on the effects of hard budget constraints and privatization. That, however, provides a limited view of the choices … inappropriate policy framework and an approach to privatization that has, in a number of different ways, made subsequent …