Corporate Governance of Public Enterprises in Transitional Economies.

Privatization has been the basic direction of reform in transitional economies. In implementing this process, however, policy makers overlooked the problems of the remaining public enterprises, mainly public utilities and natural resource-based industries which often include declining industries. This volume draws lessons from the contrasting experience of five large transitional economies (Hungary, Poland, Romania, Russia, Ukraine) in corporate governance of public enterprises, i.e. their management and oversight. Relevant experiences of developed market economies are included.