Suchergebnisse

AbstractThis paper analyses evidence gathered via a survey of former state enterprises in the Czech Republic to investigate how far these now privatized firms have been subject to the influence and control of their new owners, principally investment privatization funds. The paper summarizes the survey evidence and sets out its findings under two broad headings: First, the extent and nature of the way these funds have sought to exercies control over the firms they own; and second, the various facets of a firm's operations that have, or have not, been altered by the change of owner. The paper discusses the reasons behing the findings, arguing particularly that Czech voucher privatization, although in itself complete, should be seen and judged as the real privatization and not the finish.

Die Verfasser geben einen Überblick über die Kapitalverflechtung im privaten Finanzsektor in der Tschechischen Republik. Sie zeigen, daß die großen tschechischen Banken eng miteinander verflochten sind und machen deutlich, daß diese Verflechtung zusammen mit den bedeutenden Anteilen, die vom Nationalen Eigentumsfonds gehalten werden, das tatsächliche Ausmaß verschleiert, in dem der Staat auch nach der Privatisierung als Eigentümer auftritt. Die Verflechtung im privaten Finanzsektor reflektiert die dominierende Stellung, die die Investmentfonds generell in der Privatwirtschaft haben. Vor diesem Hintergrund werden Ergebnisse einer Umfrage bei Prager Investmentfonds vorgelegt (n=33), die Strategien und Ziele der Investmentfonds, Mechanismen der Unternehmensführung und der Kontrolle der Unternehmen durch die Fonds sowie die Bedeutung des Gesetzes über die Tätigkeit der Investmentfonds verdeutlichen. Abschließend wird ein Vergleich mit der Rolle der Banken als Anteilseigner in Deutschland gezogen. (BIOst-Wpt)

Reducing poverty is important for those affected, for society and the economy. Poverty remains entrenched in the UK, despite considerable research efforts to understand its causes and possible solutions. The Joseph Rowntree Foundation, with the Centre for Science and Policy at the University of Cambridge, ran a democratic, transparent, consensual exercise involving 45 participants from government, non-governmental organisations, academia and research to identify 100 important research questions that, if answered, would help to reduce or prevent poverty. The list includes questions across a number of important themes, including attitudes, education, family, employment, heath, wellbeing, inclusion, markets, housing, taxes, inequality and power.

Reducing poverty is important for those affected, for society and the economy. Poverty remains entrenched in the UK, despite considerable research efforts to understand its causes and possible solutions. The Joseph Rowntree Foundation, with the Centre for Science and Policy at the University of Cambridge, ran a democratic, transparent, consensual exercise involving 45 participants from government, non-governmental organisations, academia and research to identify 100 important research questions that, if answered, would help to reduce or prevent poverty. The list includes questions across a number of important themes, including attitudes, education, family, employment, heath, wellbeing, inclusion, markets, housing, taxes, inequality and power.

Reducing poverty is important for those affected, for society and the economy. Poverty remains entrenched in the UK, despite considerable research efforts to understand its causes and possible solutions. The Joseph Rowntree Foundation, with the Centre for Science and Policy at the University of Cambridge, ran a democratic, transparent, consensual exercise involving 45 participants from government, non-governmental organisations, academia and research to identify 100 important research questions that, if answered, would help to reduce or prevent poverty. The list includes questions across a number of important themes, including attitudes, education, family, employment, heath, wellbeing, inclusion, markets, housing, taxes, inequality and power.