Havel, Jiøí - In: Czech Journal of Economics and Finance (Finance a uver) 55 (2005) 9-10, pp. 441-459
Joint-stock companies are among the most fundamental components of a market economy. “Voucher privatization” in the Czech Republic saw an abrupt mushrooming of joint-stock companies where none had appeared for over a generation. This occurred in an environment lacking in guiding...