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Privatization and Efficient Corporate Governance in Post-Transition Economies

  • Matjaz Nahtigal

    (University of Primorska, Slovenia)

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    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.

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    This chapter was published in: Matjaz Nahtigal , , pages 1199-1212, 2011.
    This item is provided by University of Primorska, Faculty of Management Koper in its series MIC 2011: Managing Sustainability? Proceedings of the 12th International Conference, Portorož, 23–26 November 2011 [Selected Papers] with number 1199-1212.
    Handle: RePEc:mgt:micp11:1199-1212
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    Web page: http://www.fm-kp.si/zalozba/ISBN/978-961-266-113-7.htm
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    1. Estrin, Saul & Hanousek, Jan & Kocenda, Evzen & Svejnar, Jan, 2009. "Effects of privatization and ownership in transition economies," Policy Research Working Paper Series 4811, The World Bank.
    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.
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