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| Author: | Puntillo, R. Ipsen, D. Dietrich, M. |
| Title: | Poland's mass privatization program |
| Journal: | European Journal of Finance
1996 : MAR, VOL. 2:1, 41-56 |
| Index terms: | POLAND PRIVATIZATION INVESTMENT |
| Language: | eng |
| Abstract: | This paper analyses three corporate finance aspects of Poland's proposed mass privatization program (MPP): design feasibility, incentive systems employed and initial valuation method of the selected state-owned enterprises (SOEs). Also discussed are critical corporate governance issues that will in part determine the ultimate success of Poland's unique approach to mass privatization. Poland's MPP is designed to privatize en masse over 400 mid-to-large size Polish SOEs. National investment funds are surveyed. |
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