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Palgrave Macmillan

Secondary Privatization in Transition Economies

The Evolution of Enterprise Ownership in the Czech Republic, Poland and Slovenia

  • Book
  • © 2003

Overview

Editors:
  1. Barbara Błaszczyk

    1. Center for Social and Economic Research, Warsaw, Poland

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  2. Iraj Hoshi

    1. Staffordshire University, Stoke on Trent, UK

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  3. Richard Woodward

    1. Center for Social and Economic Research, Warsaw, Poland

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Table of contents (7 chapters)

  1. Front Matter

    Pages i-xvi
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  2. Ownership and Performance in Transition Economies: An Overview

    • Barbara Błaszczyk, Iraj Hoshi, Evžen Kočenda, Richard Woodward
    Pages 1-21

  3. Slovenia: Ownership and Performance of Mass-Privatised Firms

    • Marko Simoneti, Andreja Böhm, Marko Rems, Matija Rojec, Jože P. Damijan, Boris Majcen
    Pages 23-89

  4. Poland I: Ownership and Performance of Firms Privatised by Management-Employee Buyouts

    • Piotr Kozarzewski, Richard Woodward
    Pages 91-122

  5. Poland II: Ownership and Performance of the National Investment Funds and their Portfolio Companies

    • Barbara Błaszczyk, Michał Górzyński, Tytus Kamiński, Bartłomiej Paczóski
    Pages 123-169

  6. The Czech Republic: Ownership and Performance of Voucher-Privatised Firms

    • Evžen Kočenda, Juraj Valachy
    Pages 171-214

  7. Mass Privatisation and Endogenous Ownership Structure

    • Irena Grosfeld, Iraj Hoshi
    Pages 215-247

  8. Secondary Privatisation: Summary and Lessons Learned

    • Barbara Błaszczyk, Iraj Hoshi, Richard Woodward
    Pages 249-264

  9. Back Matter

    Pages 265-268
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Keywords

About this book

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.

Reviews

'The sixteen economists contributing to this study...provide some interesting insights into the different approaches to the transformation process adopted in each of these erstwhile Communist economies.' - Slavonic & East European Review

Editors and Affiliations

  • Center for Social and Economic Research, Warsaw, Poland

    Barbara Błaszczyk, Richard Woodward

  • Staffordshire University, Stoke on Trent, UK

    Iraj Hoshi

About the editors

ANDREJA BÖHM Senior Adviser, Ministry of Finance, Slovenia JO E P. DAMIJAN Assistant Professor, University of Ljubljana MICHAL GÓRZYNSKI Vice President of CASE-Dordadcy Consulting Company, Warsaw, Poland IRENA GROSFELD Professor, Centre National de la Recherche Scientifique, Paris, France TYTUS KAMINSKI Researcher, Center for Social and Economic Research, Warsaw, Poland EV EN KOCENDA Associate Professor, Center for Economic Research and Graduate Education, Charles University, Prague, Czech Republic PIOTR KOZARZEWSKI Member, CASE foundation, Warsaw, Poland BORIS MAJCEN Senior Research Fellow and Director of the Institute for Economic Research, Ljubljana, Slovenia BARTLOMIEJ PACZÓSKI Research Assistant, CASE Foundation, Warsaw, Poland MARKO REMS MBA candidate, Economics Faculty, University of Ljubljana, Slovenia MATIJA ROJEC Senior Research Fellow, University of Ljubljana, Slovenia MARKO SIMONETI Professor of Finance, University of Ljubljana, Slovenia JURAJ VALACHY Doctoral Student, Center for Economic Research and Graduate Education, Charles University, Prague, Czech Republic

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