Privatization and Corporate Governance in Poland: Problems and Trends

Abstract

The paper is devoted to the problems of the impact of privatization on corporate governance formation in Poland. It discusses the dilemmas of choosing a model for privatization and corporate governance, legal background, mechanisms of corporate governance formation depending on a privatization method applied, and the evolution of these structures in the course of systemic transformation in Poland.

Recently, new trends are seen that can be interpreted as a certain convergence of corporate governance models and a convergence between the effects of different privatization methods in corporate governance and performance of enterprises. Taking this into account, the Author elaborates on whether the “how to privatize” question still actual and on the “feasibility vs. efficiency” privatization policy dilemma.