After Privatisation: Economic Development, Social Transformation and Corporate Governance in the Baltic States

Antti Ainamo; William Cardwell

doi:10.5771/0949-6181-1998-2-136

Contents
- Chapter Expand | CollapseAuthorsPage
- I–IV Titelei/Inhaltsverzeichnis I–IV
- 102–103 Editorial Miklós Dobák Miklós Dobák 102–103
- 104–192 Articles 104–192
  - 104–117 Country-Specific Investment Motivations in Central Europe: Evidence from British Firms Shaukat Ali, Hafiz Mirza Shaukat Ali, Hafiz Mirza 104–117
  - 118–135 Squeeze play: a case from the Hungarian privatisation Zoltán Antal-Mokos Zoltán Antal-Mokos 118–135
  - 136–167 After Privatisation: Economic Development, Social Transformation and Corporate Governance in the Baltic States Antti Ainamo, William Cardwell Antti Ainamo, William Cardwell 136–167
  - 168–192 Two-way learning in west/east mergers & acquisitions: Short term and long term viewpoints. J. Neil Thomson, Peter Mc Namara J. Neil Thomson, Peter Mc Namara 168–192
- 193–201 Forum 193–201
  - 193–195 Acquisitions and organisational change - Interview with Professor Gyula Bakacsi 193–195
  - 196–201 Mergers & Acqusitions in the Hungarian sugar industry - Interview with Mr. András Kovács 196–201
- 202–205 Book Reviews 202–205
- 206–207 News / Information 206–207
- 208–209 Column 208–209
  - Business Ethics - Academic discourse or good business? Anne Mills Anne Mills
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JEEMS Journal of East European Management Studies , page 136 - 167

After Privatisation: Economic Development, Social Transformation and Corporate Governance in the Baltic States

Autoren

Antti Ainamo William Cardwell

DOI
- doi.org/10.5771/0949-6181-1998-2-136
- ISSN: 0949-6181
- ISSN online: 1862-0019
Abstract

The general problem in emerging economies is that there is no well-defined system that supports a balanced relationship between management and other stakeholders of the firm. This paper describes how emerging systems of corporate governance in the Baltic States have interacted with economic development and social transformation, and how after privatisation foundations for such a system of corporate governance are beginning to take root. We identify some sub-systems of corporate governance that have emerged in the Baltic States: a local stabilising force, a working legal framework, and precedent cases of rules of the game. These sub-systems, and their order of appearance, may be generalisable to other immature, emerging or developing economies.
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