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The present paper aims to provide some new evidence on how the insiders, i.e. employees of portfolio companies, view the Polish mass privatisation scheme. Based on two inquiries conducted in selected NIF firms in 1996 and 1998, it simultaneously offers a comparative analysis of the changes in...
Persistent link: https://www.econbiz.de/10011455107
policy towards a more active role of the state, and use privatization policy as an example. The authors examine the effects … of the privatization policy and point to a large unfinished agenda in ownership transformation that has had an adverse … the pace of privatization. They find out that it is the increasing capture of the state by rent-seeking groups, and not …
Persistent link: https://www.econbiz.de/10011706387
The paper focuses on the analysis of the privatization process conducted in the years 2008-2011 with an attempt to show … a broad picture of privatization in Poland, indicate resources that still exist although hidden and show government … practices in making privatization more effective or, on the contrary, in carrying out quasi-privatization practices. Three main …
Persistent link: https://www.econbiz.de/10010468356
The Polish model of privatization was mainly based on the implementation of the privatization policy in line with the … procedures envisaged by law which preferred privatization on an individual basis, adjusted to the peculiarities of a given … company. In a theoretical sense, this model was mainly based upon the idea of a state-led administrative privatization process …
Persistent link: https://www.econbiz.de/10013010121
policy towards a more active role of the state, and use privatization policy as an example. The authors examine the effects … of the privatization policy and point to a large unfinished agenda in ownership transformation that has had an adverse … the pace of privatization. They find out that it is the increasing capture of the state by rent-seeking groups, and not …
Persistent link: https://www.econbiz.de/10012986258
We investigate whether privatization, competitive forces, and hardening of budget constraints have yet begun to play … impact of privatization on labor productivity: in our basic specifications, we estimate that a ten percentage point increase … models, the effect is usually small and rarely precisely estimated. We find some evidence that privatization and subsidy …
Persistent link: https://www.econbiz.de/10014060405
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