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Building a corporate network in a transition economy: the case of Slovenia

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  • Marko Pahor
  • Janez Prasnikar
  • Anuska Ferligoj

Abstract

Post-socialist countries in Central and Eastern Europe underwent a massive programme of privatisation in the 1990s. Corporate networks that emerged from the privatisation process are a reflection of a particular privatisation model chosen. In Slovenia, as in developed economies, financial institutions play a central role in the corporate network. But whereas in Western economies these are mainly banks, investment banks, pension funds and insurance companies, the central role in Slovenia was given to privatisation investment funds and state funds. Owners and regulators in transition countries face the difficult task of balancing between governance issues and benefits that arise from co-operation among companies.

Suggested Citation

  • Marko Pahor & Janez Prasnikar & Anuska Ferligoj, 2004. "Building a corporate network in a transition economy: the case of Slovenia," Post-Communist Economies, Taylor & Francis Journals, vol. 16(3), pages 307-331.
  • Handle: RePEc:taf:pocoec:v:16:y:2004:i:3:p:307-331 DOI: 10.1080/1463137042000257546
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    References listed on IDEAS

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    1. Wendy Carlin & Saul Estrin & Mark Schaffer, 2000. "Measuring Progress in Transition and Towards EU Accession: A Comparison of Manufacturing Firms in Poland, Romania and Spain," Journal of Common Market Studies, Wiley Blackwell, vol. 38(5), pages 699-728, December.
    2. Giancarlo Corsetti & Nouriel Roubini, 1997. "Politically Motivated Fiscal Deficits: Policy Issues in Closed and Open Economies," Economics and Politics, Wiley Blackwell, pages 27-54.
    3. Carlin, Wendy & Fries, Steven & Schaffer, Mark E & Seabright, Paul, 2001. "Competition and Enterprise Performance in Transition Economies: Evidence from a Cross-country Survey," CEPR Discussion Papers 2840, C.E.P.R. Discussion Papers.
    4. Boss, Dieter & Harms, Phillipp, 1997. "Mass privatization, management control and efficiency," Journal of Public Economics, Elsevier, vol. 64(3), pages 343-357, June.
    5. Katz, Barbara G. & Owen, Joel, 1997. "Optimal Voucher Privatization Fund Bids When Bidding Affects Firm Performance," Journal of Comparative Economics, Elsevier, pages 25-43.
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    Cited by:

    1. Joze P. Damiajn & Aleksandra Grogoric & Janez Prasnikar, 2004. "Ownership Concentration and Firm Performance in Slovenia," LICOS Discussion Papers 14204, LICOS - Centre for Institutions and Economic Performance, KU Leuven.
    2. Buchen, Clemens, 2010. "Emerging economic systems in Central and Eastern Europe – a qualitative and quantitative assessment," EconStor Theses, ZBW - German National Library of Economics, number 37141.

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