One important determinant of the speed and success of transition will be the efficiency of transformation and development of the infrastructure sectors. A great deal of attention has been paid to issues such as privatisation, restructuring, user prices, and terms of access in these sectors,...

This study analyses the importance of restructuring activities and integration in cross-border acquisitions of Polish firms. We find that in comparison to acquisitions in developed economies analogous transactions in Poland are characterized by the particularly high role of retrenchment,...