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The effect of lenders' information sharing on the volume of credit is ambiguous in theory and underexplored empirically …
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This paper provides an overview of the history of banking transition (1989-2006) in 13 CEE countries – with particular emphasis on four relatively large Balkan countries (Bulgaria, Croatia, Romania, Serbia and Montenegro). Two “banking reform waves” are distinguished, salient features of...
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The standard approach to the legal foundations of corporate governance is that corporate law promotes separation of ownership and control by protecting minority shareholders from expropriation. This paper takes a broader perspective on the economic and legal determinants of corporate governance....
Persistent link: https://www.econbiz.de/10013157148
The aim of the present paper is to discuss the role of the Mass Privatization Programme (MPP) in Poland, as a vehicle …, as a novel way of effective privatization of firms involved coupled with their overhaul and in-depth restructuring …. Unlike similar mass privatization schemes in other transition economies (e.g. Russia, Czech Republic or Slovakia) the Polish …
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