The Governance Of Privatization Funds

DOWNLOAD

Download The Governance Of Privatization Funds PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get The Governance Of Privatization Funds book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page

The Governance Of Privatization Funds

DOWNLOAD
Author : Saul Estrin
language : en
Publisher: Edward Elgar Publishing
Release Date : 1999-01-01

The Governance Of Privatization Funds written by Saul Estrin and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-01-01 with Business & Economics categories.

Privatization investment funds are the key feature of mass privatization programmes in transitional economies. This book offers a thorough survey of mass privatization programmes in the Czech Republic, Poland and Slovenia, supported with extensive empirical analysis. The study of 'top-down' privatization funds in Poland and 'bottom-up' funds in the Czech Republic and Slovenia offers different solutions to the problem of how to improve the governance of privatization funds.

Governance Of Privatization Funds

DOWNLOAD
Author : Marko Simoneti
language : en
Publisher:
Release Date : 1998

Governance Of Privatization Funds written by Marko Simoneti and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with categories.

Corporate Governance Of Privatization Funds

DOWNLOAD
Author : Andreja Böhm
language : en
Publisher:
Release Date : 1996

Corporate Governance Of Privatization Funds written by Andreja Böhm and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with categories.

Enterprise Governance And Investment Funds In Russian Privatization

DOWNLOAD
Author : Noritaka Akamatsu
language : en
Publisher:
Release Date : 1994

Enterprise Governance And Investment Funds In Russian Privatization written by Noritaka Akamatsu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with categories.

Privatization Corporate Governance And The Emergence Of Markets

DOWNLOAD
Author : E. Rosenbaum
language : en
Publisher: Springer
Release Date : 2000-03-23

Privatization Corporate Governance And The Emergence Of Markets written by E. Rosenbaum and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-03-23 with Business & Economics categories.

The volume focuses on privatisation in transition countries, addressing issues ranging from corporate governance to the relationship between privatisation and the emergence of markets, from a multi-disciplinary perspective. The contributors investigate both the theoretical groundwork of privatisation and enterprise restructuring as well as recent empirical evidence. The contributions show that changes in ownership titles are but one part of the story, being closely interwoven as they are with the transformation of corporate governance, enterprise restructuring, network transformation and the emergence of markets.

Voucher Privatization With Investment Funds

DOWNLOAD
Author : David Ellerman
language : en
Publisher:
Release Date : 2016

Voucher Privatization With Investment Funds written by David Ellerman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.

The most likely outcome of the strategy of voucher privatization with investment funds may be a two-sided grab fest by fund managers and enterprise managers-along with drift, stagnation, and decapitalization of the privatized industrial sector.Common wisdom among post-socialist reformers has been to use voucher investment funds to provide the corporate governance needed to restructure newly privatized enterprises after mass privatization efforts. The idea has been that mass privatization would spread the ownership too wide and make corporate governance difficult.Ellerman examines the likely institutional behavior of voucher funds and the possible effects of their development on a transition economy. Since most policy advice has been in favor of voucher privatization with investment finds, Ellerman can be seen as playing the devil's advocate, but his argument is institutional, not statistical. Policymaking requires insight and foresight into how institutions will tend to function.He concludes that voucher funds will introduce a bias in the economy away from the real industrial sector toward an ersatz financial sector that will have little if any positive financial role but will be well-protected by friendly regulators.One long-term consequence of voucher privatization with investment funds, according to this view, is a de facto industrial policy of real sector decapitalization in favor of short-term rent-seeking by fund managers through board sinecures and lucrative side deals with portfolio companies and through financial market manipulation and paper entrepreneurship in the financial sector.Without strong corporate governance from the funds and without stable ownership of their own, many enterprise managers will exploit the post-socialist version of the separation of ownership and control to grab what they can in the form of salaries, bonuses, perquisites, and side deals.The most likely results of the strategy of voucher privatization with investment funds may be a two-sided grab fest by fund managers and enterprise managers-together with the accompanying drift, stagnation, and decapitalization of the privatized industrial sector.This paper - a product of the Office of the Senior Vice President, Development Economics - is part of a larger effort in the Bank to define policymaking using institutional analysis. The author may be contacted at [email protected].

Corporate Governance A Policy Maker S Guide To Privatisation

DOWNLOAD
Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2019-03-21

Corporate Governance A Policy Maker S Guide To Privatisation written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-03-21 with categories.

Policy makers and privatisation experts agree that it is critical to “get privatisation right.” A well-planned and executed transaction, backed by sound rationales, institutional and regulatory arrangements, good governance, and integrity can have consequences on future divestment activity by enhancing investor confidence while gaining the support of stakeholders and the public.

Privatization And Corporate Governance

DOWNLOAD
Author : John C. Coffee
language : en
Publisher:
Release Date : 1999

Privatization And Corporate Governance written by John C. Coffee and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Corporate governance categories.

Hostile Business And The Sovereign State

DOWNLOAD
Author : Michael J. Strauss
language : en
Publisher: Routledge
Release Date : 2019-01-02

Hostile Business And The Sovereign State written by Michael J. Strauss and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-01-02 with Business & Economics categories.

This book describes and assesses an emerging threat to states’ territorial control and sovereignty: the hostile control of companies that carry out privatized aspects of sovereign authority. The threat arises from the massive worldwide shift of state activities to the private sector since the late 1970s in conjunction with two other modern trends – the globalization of business and the liberalization of international capital flows. The work introduces three new concepts: firstly, the rise of companies that handle privatized activities, and the associated advent of "post-government companies" that make such activities their core business. Control of them may reside with individual investors, other companies or investment funds, or it may reside with other states through state-owned enterprises or sovereign wealth funds. Secondly, "imperfect privatizations:" when a state privatizes an activity to another state’s public sector. The book identifies cases where this is happening. It also elaborates on how ownership and influence of companies that perform privatized functions may not be transparent, and can pass to inherently hostile actors, including criminal or terrorist organizations. Thirdly, "belligerent companies," whose conduct is hostile to those of states where they are active. The book concludes by assessing the adequacy of existing legal and regulatory regimes and how relevant norms may evolve.

Incentive Contracts Corporate Governance And Privatization Funds In Romania

DOWNLOAD
Author : John S. Earle
language : en
Publisher:
Release Date : 1993

Incentive Contracts Corporate Governance And Privatization Funds In Romania written by John S. Earle and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with categories.