The emerging negative phenomena in Central and Eastern Europe underlines the importance of the need for an ethical infrastructure of emerging markets to be built. Logically, the first step must be a formal, e.g. legal infrastructure, which is also, for obvious reasons, under principal...

The paper focuses on the conditions influencing the diffusion of technological innovations and R&D strategies in the CR. First it deals with the main principles of the transformation of R&D and of the legal framework. Attention is paid especially to privatization and the reform of R&D financing....

This article focuses on the way Czech joint stock companies are governed and monitored. At first, it analyses implications of voucher privatisation for corporate governance and then explains the main features of its model applied in the Czech Republic (CR). It summarises results of an empirical...