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Privatisation, Politics and Economiic Performance in Hungary Zoltan Antal-Mokos [Text]

Material type: TextTextPublisher: London Cambridge University Press c1998Description: xvi, 229p.ISBN: 9780521593397.DDC classification: 338.925
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Books Books Harare
Management HZ 338.925 ANT (Browse shelf) 1 Available R10768J1713

Enhanced descriptions from Syndetics:

Why do some privatisations apparently fail to produce expected positive results? Economic theory tells us that privatisation should improve efficiency, but this book, originally published in 1998, suggests that political bargaining in the process of privatisation works against the results we expect to achieve. To gain a better understanding of what privatisation is really about, power at a firm level needs to be understood. Privatisation is a gradually unfolding, evolutionary process, often with defective corporate governance. Politicking can take priority over performance, with the result that efficiency is ignored and profitability is affected. This is a comprehensive book on privatisation which focuses on micro-level behavioural issues and it uses exceptionally rich case evidence to illustrate that privatisation is more about politics than performance.

Includes index

Table of contents provided by Syndetics

  • List of figures
  • List of tables
  • Preface
  • Acknowledgements
  • 1 Introduction
  • 2 Privatisation and firm behaviour
  • 3 A political bargaining framework
  • 4 The Policy context
  • 5 Behaviour in transition
  • 6 Corporate governance and politicking
  • 7 Conclusion
  • Appendix
  • References
  • Index

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