about privatization method, focusing on the choice between free distribution (so called ‘mass privatization’) and management … firms off its hands. Although mass privatization apparently conflicts with revenue maximization, we show that nonetheless it … privatization is more likely to be chosen if the government is politically weak. -- Privatization methods ; Transition economies …

privatization literature, we argue that the transformed COEs in the ongoing organizational transformation process may achieve better …

The existing approach to the process of privatization in Russia suggests special procedure of privatization of major … of enterprises with specific procedure of privatization should be created based on the criteria of fulfillment of special …

Worldwide, evidence is increasing that privatization improves firm performance. But in some institutionally …-weak transition economies, ownership change has so far not delivered on its promise. Why? Mass and rapid privatization schemes turned … privatization can and has led to stagnation and decapitalization rather than to better financial results and increased efficiency …

The privatization process in the transition economies may appear to be the most serious economic event in the last 10 …-12 years. All transition countries experimented with different privatization models. Although the privatization processes have … not ended yet, the development of a methodology for assessment of the privatization policy is necessary to not only …

In their privatization programs, transition governments have frequently given away shares (so-called 'mass … privatization'), while maintaining significant minority ownership. We explain the rationality of this behavior for an expected net … constraint raises to zero prices that would otherwise be negative, and has an indirect effect: mass privatization and partial …

We consider the privatization of State-Owned Enterprises (SOEs) of which markets can be opened to competition once … privatization takes place and competitors can compete successfully against them in a few years. The currently used "Revenue … Maximization (RM)" scheme maximizes the government revenue from privatization but does not provide incentives for the privatized …

encouraged or discouraged in privatization; but empirical evidence is scarce. This paper employs a unique data set on Slovene … firms in an early period of "spontaneous privatization." Characteristics of the incidence of privatization to employee and … foreign owners, and subsequent firm performance, are examined. The paper controls for simultaneity between privatization and …

In the paper, the interdependency between privatization and the growth of a new private sector is examined. While the … sector is needed to reduce unemployment and thus make further privatization possible. Since privatization is a lengthy …