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Privatization and Corporate Control in the Czech Republic (Hardcover)
Loot Price: R4,118
Discovery Miles 41 180
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Privatization and Corporate Control in the Czech Republic (Hardcover)
Series: Studies in Comparative Economic Systems series
Expected to ship within 12 - 17 working days
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Clemens Schutte analyses the emergence of corporate control
structures in the Czech privatization process. The book depicts the
basic features of the Czech system of corporate control and the
direction of its transformation. This is an extremely relevant
subject since the Czech privatization process is a model case in
several respects: it is institutionally open and hence allows for
spontaneous development; and privatization has been carried out
comprehensively and rapidly. Based upon a theoretical analysis of
the institutional cornerstones of corporate control, the book
develops clear recommendations which are subsequently used as a
benchmark to assess the performance of the evolving Czech system of
corporate control.The book discusses the role of the most important
players in corporate control including the big bank-centred
financial groups, capital markets, the board model of Czech
corporations and the institutional base of debt control and
minority shareholder protection. It also reveals the conflict of
political intentions and real-time developments. As an important
and timely contribution, this book will be invaluable reading for
all those involved, or interested, in the privatization and
corporate control of other Central and Eastern European countries.
Those working in financial and political institutions will also
find this book valuable.
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