The Czech Republic's mass-privatization scheme changed the governance of... more The Czech Republic's mass-privatization scheme changed the governance of many firms in a short period of time. We show that it was effective in improving firms' management because of the concentrated ownership structure which resulted. For a cross-section of 706 firms over ...
The Czech Republic's mass-privatization scheme changed the governance of... more The Czech Republic's mass-privatization scheme changed the governance of many firms in a short period of time. We show that it was effective in improving firms' management because of the concentrated ownership structure which resulted. For a cross-section of 706 firms over ...
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