Privatization and Company Restructuring in Poland

Abstract

The central question investigates in the project what happens after privatization – how privatization affects the economic performance of privatized companies, and thereby of transforming economies as a whole. The tasks which the researchers set for themselves included a description of the privatization techniques used in each country, a summary of the results and significance of privatization in the economy as a whole, and analysis of company-level data to examine the factors underlying changes in company performance. The authors were interested primarily in the changes that various types of privatization bring about in corporate governance and how these are, in turn, correlated with changes in performance.