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Privatization, Ownership Structure and Transparency: How to Measure a Real Involvement of State

Author

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  • Frantisek Turnovec

Abstract

The paper suggests a methodology for evaluation of a direct and indirect property distribution and of a transparency of a property structure in an economy. The methodology is applied on the analysis of property structure of the banking sector in the Czech Republic.

Suggested Citation

  • Frantisek Turnovec, 1998. "Privatization, Ownership Structure and Transparency: How to Measure a Real Involvement of State," William Davidson Institute Working Papers Series 170, William Davidson Institute at the University of Michigan.
  • Handle: RePEc:wdi:papers:1998-170
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    File URL: http://deepblue.lib.umich.edu/bitstream/2027.42/39557/3/wp170.pdf
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    References listed on IDEAS

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    3. Wyznikiewicz, B. & Pinto, B. & Grabowski, M., 1993. "Coping with Capitalism; The new Polish Entrepreneurs," Papers 18, World Bank - International Finance Corporation.
    4. Barro, Robert J., 1992. "Human capital and economic growth," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 199-216.
    5. J. Stiglitz, 1999. "Whither Reform? Ten Years of the Transition," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 7.
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    8. Ernesto Hernández-Catá, 1997. "Liberalization and the Behavior of Output during the Transition from Plan to Market," IMF Staff Papers, Palgrave Macmillan, vol. 44(4), pages 405-429, December.
    9. Ernesto Hernández-Catá, 1997. "Liberalization and the Behavior of Output During the Transition From Plan to Market," IMF Working Papers 97/53, International Monetary Fund.
    10. Bankim Chadha & Fabrizio Coricelli & Kornélia Krajnyák, 1993. "Economic Restructuring, Unemployment, and Growth in a Transition Economy," IMF Staff Papers, Palgrave Macmillan, vol. 40(4), pages 744-780, December.
    11. Giulia Faggio & Jozef Konings, 1998. "Gross Job Flows in Transition Countries: Results from Company Accounts Data for Bulgaria, Estonia and Romania," LICOS Discussion Papers 7798, LICOS - Centre for Institutions and Economic Performance, KU Leuven.
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    17. Green Edward J., 1993. "Privatization, the Entrepreneurial Sector, and Growth in Post-Comecon Economies," Journal of Comparative Economics, Elsevier, vol. 17(2), pages 407-417, June.
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    Cited by:

    1. Ondrej Vychodil, 2005. "Ownership Concentration and Restructuring in Czech Manufacturing Sector," Finance 0511004, EconWPA.

    More about this item

    Keywords

    control; direct distribution; indirect distribution; nipolent matrix; primary owners; secondary owners; transparency;

    JEL classification:

    • C60 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - General
    • L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out
    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law

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