Corporate Restructuring and Governance in Transition Economies

Corporate Restructuring and Governance in Transition Economies PDF Author: B. Dallago
Publisher: Springer
ISBN: 023080151X
Category : Business & Economics
Languages : en
Pages : 311

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Book Description
This book analyzes and assesses corporate restructuring and governance in transition countries focusing on the Czech Republic, Hungary, and Russia. Using original material and publications in local languages, the book addresses the core issues for these countries in transformation into competitive market economies.

Corporate Restructuring and Governance in Transition Economies

Corporate Restructuring and Governance in Transition Economies PDF Author: B. Dallago
Publisher: Springer
ISBN: 023080151X
Category : Business & Economics
Languages : en
Pages : 311

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Book Description
This book analyzes and assesses corporate restructuring and governance in transition countries focusing on the Czech Republic, Hungary, and Russia. Using original material and publications in local languages, the book addresses the core issues for these countries in transformation into competitive market economies.

Corporate Governance Lessons from Transition Economy Reforms

Corporate Governance Lessons from Transition Economy Reforms PDF Author: Merritt B. Fox
Publisher: Princeton University Press
ISBN: 0691229295
Category : Law
Languages : en
Pages : 434

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Book Description
Corporate Governance Lessons from Transition Economy Reforms explores a timely topic at the intersection of economics, law, and policy reform. To date, most sophisticated theoretical work on corporate governance has focused on advanced market economies. In post-socialist countries, corporate finance and transition economics scholars have often done little more than convey the received theory to transition policymakers. This volume focuses, for the first time, on the reverse concern: what, if anything, do the reform experiences of transition countries teach about corporate governance theory more generally? To investigate this question, Merritt Fox and Michael Heller have assembled a stellar group of corporate governance theorists. The answers are startling. The principal essays approach the problem from three complementary perspectives that form the organizing themes of the book. The first part refines core corporate theory terms. The second presents important empirical work that explores the channels through which "good corporate governance" may link to the real economy. The final part links corporate governance theory to practical reforms. After fifteen years of experience, practice can now inform theory. Together, these essays present a comprehensive new view on a provocative theme. Written in an accessible style, they will be of interest to a broad range of scholars, commentators, and policymakers.

Corporate Governance in Transition Economies

Corporate Governance in Transition Economies PDF Author: Robert W. McGee
Publisher:
ISBN:
Category :
Languages : en
Pages : 13

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Book Description
Corporate governance has become an increasingly important issue in recent years, both as a result of corporate scandals and because more than 20 transition economies in the former Soviet Union, Eastern and Central Europe are in the process of converting their economies from a central planning model to a market model. The World Bank has published a series of reports on corporate governance as part of its project on the Reports on the Observance of Standards and Codes (ROSC). The corporate governance principles in each ROSC are benchmarked against the OECD's Principles of Corporate Governance. The present study uses the data from the ROSC studies on Armenia, Azerbaijan and Georgia and assigns points based on the extent of compliance with the OECD's Principles in the categories of shareholder rights, equitable treatment of shareholders, the role of stakeholders in corporate governance, disclosure and transparency and board responsibilities and compares the relative scores using a five-point Likert Scale.

Corporate Governance in Transition Economies

Corporate Governance in Transition Economies PDF Author: Josef C. Brada
Publisher:
ISBN:
Category : Capital market
Languages : en
Pages : 40

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Book Description


Corporate Governance in Central Eastern Europe

Corporate Governance in Central Eastern Europe PDF Author: Josef C. Brada
Publisher: M.E. Sharpe
ISBN: 9780765602749
Category : Business & Economics
Languages : en
Pages : 360

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Book Description
Economic restructuring in Eastern Europe has added a new universe of firms to the pool of cases for study of managerial effectiveness. Yet, in the ideologically charged atmosphere of post-communist transitions, analysis of the functioning of East European firms is sometimes clouded by preoccupation with privatization issues -- whether ownership is held by banks, a state or public agency, foreign investors, or inside or outside shareholders. This volume focuses on the performance of firms as a measure of the effectiveness of corporate governance, and only then attempts to draw conclusions about the relative advantages of different ownership structures.

Corporate Governance in Transitional Economies

Corporate Governance in Transitional Economies PDF Author: World Bank
Publisher: Washington, D.C. : The World Bank
ISBN:
Category : Business & Economics
Languages : en
Pages : 500

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Book Description


The Determinants of Enterprise Restructuring in Transition

The Determinants of Enterprise Restructuring in Transition PDF Author: Simeon Djankov
Publisher: World Bank Publications
ISBN: 9780821348154
Category : Political Science
Languages : en
Pages : 36

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Book Description
Over the last decade, more than one hundred fifty thousand large enterprises in twenty seven transition countries have encountered revolutionary changes in every aspect of their political and economic environments. Some enterprises have responded to the challenge, entering world markets with great dynamism and becoming indistinguishable from their competitors in mature market economies. Others remain mired in their past, undergoing protracted deaths, delayed at times by their slippage into a netherworld of barter and ersatz money. Thus the revolutionary changes in transition countries have been matched by great variation in the degree to which enterprises have responded successfully to events. To assess the effectiveness of the different reform and privatization strategies, empirical research on transition countries has examined enterprise level data to ascertain whether enterprises have responded productively to changes in ownership and to other reform measures. This volume provides a general assessment of the evidence generated by these studies. In providing the assessment, it: discusses the general context of the studies; assesses the evidence on whether state-owned or privatized firms undertake more economic restructuring; studies the effects of restructuring on different types of owners; focuses on the role of managers; analyzes the effect of greater discipline in the government's reaction to enterprises in distress; examines how variations in product market competition affect enterprise restructuring; and examines the role of the institutional and legal framework. This publication will be of interest to policy makers and readers interested in gaining an overview of the current state of the evidence.

Corporate Governance in Transition Economies

Corporate Governance in Transition Economies PDF Author: Robert W. McGee
Publisher: Springer
ISBN: 9781441946522
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
"Corporate Governance in Transition Economies" will appeal to a wide segment of the academic market including accounting and finance professors and students because the main theme of the book deals with accounting and financial system reform. Economists in the subfields of transition economics and development economics for it addresses current issues in their field. It will also appeal to scholars in the field of Russian and East European Studies because the book discusses topics involving Russia, Ukraine and other East European countries. Policy analysts who deal with accounting, finance, transition economics or Russia or Eastern Europe will also find this book to be a valuable reference and source of current information.

Privatization in Transition Economies

Privatization in Transition Economies PDF Author: Ira W. Lieberman
Publisher: Elsevier
ISBN: 076231463X
Category : Business & Economics
Languages : en
Pages : 383

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Book Description
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Restructuring and Managing the Enterprise in Transition

Restructuring and Managing the Enterprise in Transition PDF Author: Roy L. Crum
Publisher: World Bank Publications
ISBN: 9780821336588
Category : Business & Economics
Languages : en
Pages : 428

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Book Description
A wide gap still exists between Western concepts and their application in the ex-socialist countries during transition. Most Western models in financial management make assumptions about the efficiency and stability of markets and the signals that can be obtained and also assume that traditional accounting information is available and can be used for management purposes. A new paradigm is needed to manage the finance function in a transition economy experiencing hyperinflation since stamdard assumptions are not valid in most ex-socialist countries. This book describes the adaptations of financial techniques as it reviews standard financial concepts and tools, adjusts them when necessary to the unique conditions in the ex-socialist enterprises, and then presents the restructuring context and some strategies that are based on the application of these tools.