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Ownership and corporate control in Poland : why state firms defied the odds (English)

Survey results in Poland indicate that hard budgets and import comeption can spur state firms to adjust even when privatization lags behind. As they examine the underpinning of Polish reform, the authors address the key question of why managers instigated such adjustment. They examine how corporate ownership and control influence the behavior of state firms, as illuminated by the following survey findings and conclusions: (a) Contrary to expectations...
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Pinto, Brian; van Wijnbergen, Sweder.

Ownership and corporate control in Poland : why state firms defied the odds (English). Policy, Research working paper ; no. WPS 1308 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/681411468776383437

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