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Poland I: Ownership and Performance of Firms Privatised by Management-Employee Buyouts

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Secondary Privatisation in Transition Economies

Abstract

Much has been written about privatisation in the transition economies. However, little has been written about post-privatisation ownership changes in privatised companies and what relation such changes might have to corporate performance. In this chapter we examine the question of post-privatisation ownership changes, or ‘secondary privatisation’ — to use a term coined by Barbara Błaszczyk — in Polish companies privatised by what are often called, for simplicity’s sake, employee buyouts. 1

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© 2003 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Kozarzewski, P., Woodward, R. (2003). Poland I: Ownership and Performance of Firms Privatised by Management-Employee Buyouts. In: Błaszczyk, B., Hoshi, I., Woodward, R. (eds) Secondary Privatisation in Transition Economies. Palgrave Macmillan, London. https://doi.org/10.1057/9780230377011_3

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