Changes in governance structure of czech enterprises: 1989 - 1995

Jiří Havel

Prague Economic Papers, 1996, vol. 1996, issue 2

Abstract: Properties rights and governance structures of the Czechs enterprises are often criticize by the Czech political opposition as well as by some foreign experts and managers. The optimistic macroeconomic results for the Czech economy (inflation, budget surpluses) are still not reflected in the present condition of enterprises. Changes in enterprises are accomplished much slower and they are much less visible in comparison to the macroeconomic miracle directed by Mr. Václav Klaus. However, one must not overlook (and avoid) the coming significant false conclusions. One must realize that substantial changes have taken place in this area. Czech managers are more competent and creative than was expect, or even hoped for. (Also market may be more powerful than projected.) Results of management's are admirable in many respects. Also real structural and technological changes are more significant than they are reflected by some critical comments of aggressive Czech reformers.

Date: 1996
References: Add references at CitEc
Citations:

Downloads: (external link)
http://pep.vse.cz/doi/10.18267/j.pep.103.html (text/html)
free of charge

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:prg:jnlpep:v:1996:y:1996:i:2:id:103

Ordering information: This journal article can be ordered from
Editorial office Prague Economic Papers, University of Economics, nám. W. Churchilla 4, 130 67 Praha 3, Czech Republic
http://pep.vse.cz

DOI: 10.18267/j.pep.103

Access Statistics for this article

Prague Economic Papers is currently edited by Klára Pavlová

More articles in Prague Economic Papers from Prague University of Economics and Business Contact information at EDIRC.
Bibliographic data for series maintained by Stanislav Vojir ().