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The Emergence of Institutional Owners

The Role of Banks and Nonbanking Financial Institutions in the Privatization of the Economy and the Banks

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The Privatization Process in East-Central Europe

Part of the book series: International Studies in Economics and Econometrics ((ISEE,volume 36))

Abstract

When The Economist assessed the Central and Eastern Europe transformation on September 21, 1991: “The Czech mass privatization scheme appears to be very successful, but it, however, doesn’t create the right market economy. The element that is missing is an efficient financial industry—the heart of modern capitalism.” Beyond any doubt it’s proved to be a crucial statement for all of Central and Eastern Europe, and a relevant analysis should be made.

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Michal Mejstřík

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© 1997 Springer Science+Business Media New York

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Mejstřík, M. (1997). The Emergence of Institutional Owners. In: Mejstřík, M. (eds) The Privatization Process in East-Central Europe. International Studies in Economics and Econometrics, vol 36. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-6351-8_6

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  • DOI: https://doi.org/10.1007/978-1-4615-6351-8_6

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-1-4613-7917-1

  • Online ISBN: 978-1-4615-6351-8

  • eBook Packages: Springer Book Archive

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