Publication details
Nezakonito gospodarstvo u poslijeprivatizacijsko doba - koliko daleko od temelja novog sustava? Primjer korporacijskog upravljanja i bankarskog sektora u Češkoj Republici
| Title in English | Illegal Economy in the Post-Privatization age: How far from the New System Foundations? The case of corporate Governanace and the Banking Sector in the Czech Republic |
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| Authors | |
| Year of publication | 2003 |
| Type | Article in Periodical |
| Magazine / Source | Financijska Teorija i Praksa |
| MU Faculty or unit | |
| Citation | |
| Web | http://www.ijf.hr/financijska_praksa/PDF-2003/1-03/tomasek.pdf |
| Field | Sociology, demography |
| Keywords | the Czech Republic; corporate governance; investment privatization funds; banking sector; privatization |
| Description | Dubious and shadow character of the economy in the post-privatization era still tends to be overwhelmingly associated with the communist legacies or complexity of transition processes necessarily resulting in the all inclusive range of unintended consequences. However, it has become clear that the after-privatization economic landscape and associated practices and mechanisms in corporate governance and banking are much more the consequence of - to certain degree conscious - legal neglect and weakening of the category of state/collective ownership and following deteriorated management of this type of ownership. As the result, economic exchanges stopped being clearly distinguishable on the line of state/collective - private interest, and investment risks and capital attainment have turned out to be to an unprecedented degree nationalized through passing extensive financial burdens on state. |