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Privatization and Efficient Corporate Governance in Post-Transition Economies

Matjaz Nahtigal
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Matjaz Nahtigal: University of Primorska, Slovenia

from University of Primorska, Faculty of Management Koper

Abstract: 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.

Keywords: privatization; improvements of corporate governance; regulatory legal framework; transition and post-transition economies (search for similar items in EconPapers)
Date: 2011
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