The paper presents a game-theoretic model in order to investigate to what extent an employee privatization program of a … maximizing the per capita surplus over the wage. The privatization process is then described as a bargaining process between the …

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 utilized, the golden share in the hands of the state substantially enhanced its …

, privatization methods had a lasting effect on ownership structure in Ukraine. …

privatization and the resulting low ownership concentration is one of the reasons for the poor performance of surviving firms. …

This paper analyses the ownership structure emerging from the Russian privatization process, using information from a … programme was completed. The Russian ownership structure calls for a new approach to the analysis of corporate control because … privatization methods for ownership structure, on the incidence of non-voting and voting shares, and on the extent of concentration …