Transactional Structures of Bank Privatizations in Central Europe and Russia
AbstractIn pursuing bank privatization, governments in Central Europe and Russia faced a common set of policy issues including how to break up the monobank system, deal with troubled loans, transfer equity to the private sector, and attract capital to the banks. For each bank undergoing privatization, the government's approach to such issues determines its transactional structure. We develop this conceptual framework and assess the findings from three studies of major commercial banks undergoing privatization. The varied transactional structures used in these privatizations appear to have had significant effects on each bank's microstructure, and to influence bank strategy and post-privatization performance.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Elsevier in its journal Journal of Comparative Economics.
Volume (Year): 25 (1997)
Issue (Month): 1 (August)
Contact details of provider:
Web page: http://www.elsevier.com/locate/inca/622864
Other versions of this item:
- Anna Meyendorff & Edward A. Snyder, 1997. "Transactional Structures of Bank Privatization in Central Europe and Russia," William Davidson Institute Working Papers Series 2, William Davidson Institute at the University of Michigan.
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
- P34 - Economic Systems - - Socialist Institutions and Their Transitions - - - Finance
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Carree, M.A., 2000. "The Evolution of the Russian Saving Bank Sector During the Transition Era," Research Paper ERS-2000-27-STR, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni.
- Hasan, Iftekhar & Marton, Katherin, 2003.
"Development and efficiency of the banking sector in a transitional economy: Hungarian experience,"
Journal of Banking & Finance,
Elsevier, vol. 27(12), pages 2249-2271, December.
- Hasan, Iftekhar & Marton, Katherin, 2000. "Development and Efficiency of the Banking Sector in a Transitional Economy: Hungarian Experience," BOFIT Discussion Papers 7/2000, Bank of Finland, Institute for Economies in Transition.
- Omran, Mohammed, 2007. "Privatization, State Ownership, and Bank Performance in Egypt," World Development, Elsevier, vol. 35(4), pages 714-733, April.
- Kutan, Ali M. & Brada, Josef C., 1999.
"The evolution of monetary policy in transition economies,"
ZEI Working Papers
B 19-1999, ZEI - Center for European Integration Studies, University of Bonn.
- Ali M. Kutan & Josef C. Brada, 2000. "The evolution of monetary policy in transition economies," Review, Federal Reserve Bank of St. Louis, issue Mar, pages 31-40.
- Prasnikar, Janez & Svejnar, Jan, 2003.
"Investment, Wages and Ownership During the Transition to a Market Economy: Evidence from Slovenian Firms,"
CEPR Discussion Papers
4144, C.E.P.R. Discussion Papers.
- Janez Prasnikar & Jan Svejnar, 1998. "Investment Wages and Ownership During the Transition to a Market Economy: Evidence from Slovenian Firms," William Davidson Institute Working Papers Series 144, William Davidson Institute at the University of Michigan.
- Otchere, Isaac, 2009. "Competitive and value effects of bank privatization in developed countries," Journal of Banking & Finance, Elsevier, vol. 33(12), pages 2373-2385, December.
- Cull, Robert & Matesova, Jana & Shirley, Mary, 2001. "Ownership structure and the temptation to loot : evidence from privatized firms in the Czech Republic," Policy Research Working Paper Series 2568, The World Bank.
- Mike Wright & Judit Karsai & Zbigniew Dudzinski & Jan Morovic, 1999. "Transition and Active Investors: Venture Capital in Hungary, Poland and Slovakia," Post-Communist Economies, Taylor and Francis Journals, vol. 11(1), pages 27-46.
- Megginson, William L., 2005. "The economics of bank privatization," Journal of Banking & Finance, Elsevier, vol. 29(8-9), pages 1931-1980, August.
- Michael Andrews, 2005. "State-Owned Banks, Stability, Privatization, and Growth: Practical Policy Decisions in a World Without Empirical Proof," IMF Working Papers 05/10, International Monetary Fund.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wendy Shamier).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.