Advanced Search
MyIDEAS: Login to save this article or follow this journal

Shareholder Democracy in the Czech Republic (in Czech)

Contents:

Author Info

  • Jiøí Havel

    ()
    (Institute of Economic Studies, Faculty of Social Sciences, Charles University, Prague)

Registered author(s):

    Abstract

    Joint-stock companies are among the most fundamental components of a market economy. “Voucher privatization” in the Czech Republic saw an abrupt mushrooming of joint-stock companies where none had appeared for over a generation. This occurred in an environment lacking in guiding institutional frameworks, offering only minimal protection for both minority and majority shareholders, which handicapped the country’s capital-market development. Beginning in 1996, several improvements of the institutional framework were implemented. Now Czech commercial law is largely harmonized with European standards. Weaknesses still persist in enforcement, however, and as such, both foreign and domestic investors prefer simpler forms of organization to limited-liability companies.

    Download Info

    If 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.
    File URL: http://journal.fsv.cuni.cz/storage/1031_s_441_459.pdf
    Download Restriction: no

    Bibliographic Info

    Article provided by Charles University Prague, Faculty of Social Sciences in its journal Finance a uver - Czech Journal of Economics and Finance.

    Volume (Year): 55 (2005)
    Issue (Month): 9-10 (September)
    Pages: 441-459

    as in new window
    Handle: RePEc:fau:fauart:v:55:y:2005:i:9-10:p:441-459

    Contact details of provider:
    Postal: Opletalova 26, CZ-110 00 Prague
    Phone: +420 2 222112330
    Fax: +420 2 22112304
    Email:
    Web page: http://ies.fsv.cuni.cz/
    More information through EDIRC

    Related research

    Keywords: corruption; evolution; institutions; joint-stock company; legal framework; privatization; transition;

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:fau:fauart:v:55:y:2005:i:9-10:p:441-459. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Lenka Herrmannova).

    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.