The Evolution of Corporate Governance and Firm Performance in Transition Economies: The Case of Sellier and Bellot in the Czech Republic

2008 ◽  
Vol 14 (4) ◽  
pp. 747-791 ◽  
Author(s):  
Tomas Jandik ◽  
Craig G. Rennie
2018 ◽  
Vol 10 (11) ◽  
pp. 3973 ◽  
Author(s):  
Ewa Cichowicz ◽  
Ewa Rollnik-Sadowska

Pursuant to the concept of inclusive growth, the authors analyze the transition economies of Central and Eastern European countries, which have become EU members (Bulgaria, Croatia, the Czech Republic, Estonia, Latvia, Lithuania, Hungary, Poland, Romania, Slovakia, and Slovenia). CEE countries characterized by comparable historic and economic backgrounds now seem to reach diversified stages of development. The objective of the study is to identify the level of inclusive growth among CEE countries by taking into account indicators assigned to its seven pillars. The article’s thesis is that CEE countries represent social and economic heterogeneity as well as varied levels of sustainable development. Research methods included the application of the principal components analysis and the multivariate analysis. For a literature review, the bibliometric analysis was conducted with the visualization prepared by the VOSviewer software. The main findings suggest that Estonia, Slovenia, and the Czech Republic seem to exhibit the highest level of inclusive growth while Bulgaria and Romania represent the lowest level of indicators measured.


Author(s):  
Ewa Cichowicz ◽  
Ewa Rollnik-Sadowska

Referring to the concept of inclusive growth, the authors analyse the transition economies of the Central and Eastern European countries, which are the current EU members (Bulgaria, Croatia, the Czech Republic, Estonia, Latvia, Lithuania, Hungary, Poland, Romania, Slovakia and Slovenia). That region was selected as the CEE countries characterized by comparable historic and economic background but now they seem to reach diversified stages of development. The objective of the study is to identify the level of inclusive growth among the CEE countries, taking into account indicators assigned to its seven pillars. The thesis is that the CEE countries represent socio and economic heterogeneity as well as different levels of sustainable development. The research methods involved the application of the principal components analysis and the multivariate analysis. For literature review, the bibliometric analysis was conducted with the visualization prepared by the VOSviewer software. The main findings suggest that Estonia, Slovenia and the Czech Republic seem to be the ones with the highest inclusive growth. On the other hand, Bulgaria and Romania represent the lowest level of inclusive growth indicators.


2013 ◽  
Vol 22 (1) ◽  
pp. 85-110 ◽  
Author(s):  
Štěpán Jurajda ◽  
Juraj Stančík

2014 ◽  
Vol 718 ◽  
pp. 22-27
Author(s):  
Pavel Taraba ◽  
Kateřina Pitrová ◽  
Martin Hart

Based on the questionnaire survey which aimed to analyse the level of application of knowledge in the corporate governance in companies in the Czech Republic and on the study of available information sources, three-level knowledge model of Corporate Governance in the Czech Republic was proposed. Expertise using the concept of holistic management and knowledge of current management trends are considered as a basic level of knowledge in corporate governance. Knowledge in the field of strategic and knowledge of the principles of corporate governance are considered as a higher level of education of members of corporate governance bodies. Advanced level of education in the field of corporate governance represents the national certification programme of corporate governance.


2012 ◽  
Vol 1 (2) ◽  
pp. 72-85 ◽  
Author(s):  
Scott Beaulier ◽  
Peter Boettke ◽  
Leonid Krasnozhon

Popov (2007, 2000), Kolodko (2000), and Stiglitz (1999) argue that a shock therapy approach has a negative effect on post-socialist transition. Their benchmark for shock therapy, however, refers to the debate on the speed of market reforms. We propose that a more meaningful benchmark is the experience of the Czech Republic, Russia, and other transition economies which share similar approach to the market reforms, but have solved political economy problems of credibility and commitment differently. We compare the Czech Republic’s economic, political, and social performance to these benchmarks in all other post-socialist countries since they began their transitions. We find that the Czech transition is a consistent success because the Havel shock therapy has solved the political economy problems of reform’s credibility and state’s commitment to reform.


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