Synopses & Reviews
Privatization was the fundamental pillar of transition from plan to market in former socialist countries. But little is known about the fate of companies that were privatized in large scale privatization schemes such as mass privatization or management-employee buyouts. This is the first original study aiming to fill this gap. It assesses
wholesale privatization schemes in three leading transition countries - the Czech Republic, Poland and Slovenia - in terms of the evolving concentration of ownership and relations to firm performance.
About the Author
Barbara Blaszczyk is a Professor at the Institute of Economics of the Polish Academy of Sciences. She is a co-founder and President of the board of the Center for Social and Economic Research (CASE Foundation), Warsaw, Poland. Iraj Hoshi is Reader in Economics at Staffordshire University Business School. Richard Woodward is a member of the CASE Foundation in Warsaw.
Table of Contents
Ownership and Performance in Transition Economies: An Overview--B.Blaszczyk, I.Hoshi, E.Kocenda & R.Woodward * Slovenia: Ownership Performance of Mass-Privatized Firms--M.Simoneti, A.Böhm, M.Rems, M.Rojec, J.P.Damijan & B.Majcen * Poland I: Ownership and Performance of Firms Privatized by Management-Employee Buyouts--P.Kozarzewski & R.Woodward * Poland II: Ownership and Performance of the National Investment Funds and Their Portfolio Companies--B.Blaszczyk, M.Górzynski, T.Kaminski & B.Paczóski * The Czech Republic: Ownership and Performance of Voucher-Privatized Firms--E.Kocenda & J.Valachy * Mass Privatization and Endogenous Ownership Structure--I.Grosfeld & I.Hoshi * Secondary Privatization: Summary and Lessons Learned--B.Blaszczyk, I.Hoshi & R.Woodward
Ownership and Performance in Transition Economies: An Overview--B.Blaszczyk, I.Hoshi, E.Kocenda & R.Woodward * Slovenia: Ownership Performance of Mass-Privatized Firms--M.Simoneti, A.Böhm, M.Rems, M.Rojec, J.P.Damijan & B.Majcen * Poland I: Ownership and Performance of Firms Privatized by Management-Employee Buyouts--P.Kozarzewski & R.Woodward * Poland II: Ownership and Performance of the National Investment Funds and Their Portfolio Companies--B.Blaszczyk, M.Górzynski, T.Kaminski & B.Paczóski * The Czech Republic: Ownership and Performance of Voucher-Privatized Firms--E.Kocenda & J.Valachy * Mass Privatization and Endogenous Ownership Structure--I.Grosfeld & I.Hoshi * Secondary Privatization: Summary and Lessons Learned--B.Blaszczyk, I.Hoshi & R.Woodward