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 …

have set up stronger governance than domestic private firms that have not experienced privatization. I propose seven … governments' fiscal conditions in the privatization year and privatized firms' governance, which suggests a significant role … played by local governments in shaping corporate governance during the privatization process …

Privatization is often viewed as a necessary condition for improved corporate performance. We use a 1992-98 panel of … the population of Czech industrial firms to assess the effect of mass privatization on corporate performance. Using …-owned enterprises. The results with respect to privatization to domestic owners are much less impressive. Our study provides strong …

to decline. This demonstrates that in a transitional context, relinquishing governmental control via privatization can …Privatization has played an important role in national economic reform in Vietnam. However, unlike other transitional … countries in Central and Eastern Europe, Vietnam has chosen a partial and gradual privatization where the government still holds …