Journal of Economic Studies: Volume 30 Issue 3/4

Mass privatization in Central and East European countries: Implications for corporate governance

Jürgen G. Backhaus

Mass privatization is one form of changing the property rights regime of formerly publicly‐owned means of production in the former peoples’ republics of Central and Eastern…

Polish mass privatisation scheme: The programme of nationalinvestment funds

Wladyslaw Sztyber

The Polish programme of National Investment Funds is a particular form of mass privatisation. The purpose of this programme is to implement a privatisation of a definite part of…

Polish mass privatisation scheme: the legal framework

Joanna Kruczalak‐Jankowska, Kazimerz Kruczalak

The main purpose of this paper is to approach the legal problems of mass privatisation in Poland. The authors present the structure of national investment funds which intend to be…

The impact of Czech mass privatisation on corporate governance

Jan Hanousek, Evžen Kočenda

This paper discusses the privatisation process in the Czech Republic and its influence on corporate governance. While in 1989 the private sector totalled less than 1 per cent of…

Quasi‐effective governance: Slovak mass privatization 1991‐1996

Marián Vitkovicˇ

Although mass privatizations in Slovakia had the same starting point as those in the Czech Republic, mass privatisation in Slovakia led to a different ownership structure, which…

Bulgarian mass privatisation scheme: Implications on corporate governance

Plamen Tchipev

Striving to shorten the time‐period necessary for the huge transfer of the property needed by the ongoing economic reforms, Bulgaria developed a mass privatisation scheme (MPS)…

Corporate governance and mass privatisation: A theoretical investigation of transformations in legal and economic relationships

Frank H. Stephen, Ju¨rgen G. Backhaus

After the precipitated decline of the Soviet Empire and its satellite states, a system change seemed to be called for, and many countries embarked on social and political reforms…