From Employee Governance to Corporate Governance: Transnational Forces and the Polish Corporate Governance Debates Since the 1980s

Arjan Vliegenthart ()
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Arjan Vliegenthart: Vrije University Amsterdam

Chapter Chapter 3 in The Transnationalization of Economies, States, and Civil Societies, 2009, pp 61-82 from Springer

Abstract: This chapter discusses the corporate governance debate in postsocialist Poland in the light of processes of transnationalization. With the collapse of state socialism at the end of the 1980s, the countries in Central Europe faced a wide variety of ‘transition models’ from which they could choose. As Marangos (2004) points out, the former state socialist countries were to choose from a broad array of economic arrangements ranging from the introduction of a neoliberal market economy to a pluralistic socialist model, to mention but two totally different systems. This chapter aims to broaden our insights of why countries choose their distinct path. More concretely, it focuses on corporate governance debates, that is policy discussions on the distribution of ownership and control. Such debates have been of vital importance in the context of Central Europe, where the collapse of state socialism and its replacement with a decentralized market economy fundamentally altered the role of the firm within the economy.

Keywords: Corporate Governance; Corporate Governance System; Corporate Governance Code; Transnational Actor; International Finance Corporation (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-0-387-89339-6_3

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DOI: 10.1007/978-0-387-89339-6_3

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