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...

Is privatization in a country related to the stringency of its employment protection laws (EPL) – and, if so, how? We address this question using privatization deals in fourteen European countries over three decades and all the changes in EPL within a country. Using traditional...

Do employment protection laws hinder privatization? Using privatization deals in fourteen European countries from 1977-2003 and within-country variation in employment protection laws, we find that stringent employment protection laws significantly deter privatization. The fear of job cuts...