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Privatization and Efficient Corporate Governance in Post-Transition Economies

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  • Matjaz Nahtigal

    (University of Primorska, Slovenia)

Abstract

The key lessons of mass privatization implemented in Central and Eastern Europe are analyzed and presented in this paper. What are the necessary regulatory, institutional and social ingredients which provide incentive for successful restructuring of the firms in transition and what are the essential impediments which may burden the efforts of restructuring? The discussion will be presented on the comparative institutional basis and will try to provide some of the answers as to how to provide a more stimulating institutional environment for future economic development in the context of Europeanization and globalization.

Suggested Citation

  • Matjaz Nahtigal, 2011. "Privatization and Efficient Corporate Governance in Post-Transition Economies," MIC 2011: Managing Sustainability? Proceedings of the 12th International Conference, Portorož, 23–26 November 2011 [Selected Papers],, University of Primorska, Faculty of Management Koper.
    • Handle: RePEc:mgt:micp11:1199-1212
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    References listed on IDEAS

    as
    1. Saul Estrin & Jan Hanousek & Evzen Kocenda & Jan Svejnar, 2009. "The Effects of Privatization and Ownership in Transition Economies," Journal of Economic Literature, American Economic Association, vol. 47(3), pages 699-728, September.
    2. Kolodko, G-W & Nuti, D-M, 1997. "The Polish Alternative. Old Myths, Hard Facts and New Strategies in the Successful Transformation of the Polish Economy," Research Paper 33, World Institute for Development Economics Research.
    3. John Nellis, 2006. "Privatization: A Summary Assessment," Working Papers 87, Center for Global Development.
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