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Privatisation, Politics, and Economic Performance in Hungary
Why do some privatisations apparently fail to produce expected positive results? Economic theory tells us that privatisation should improve efficiency, but this book, originally published in 1998, suggests that political bargaining in the process of privatisation works against the results we expect to achieve. To gain a better understanding of what privatisation is really about, power at a firm level needs to be understood. Privatisation is a gradually unfolding, evolutionary process, often with defective corporate governance. Politicking can take priority over performance, with the result that efficiency is ignored and profitability is affected. This is a comprehensive book on privatisation which focuses on micro-level behavioural issues and it uses exceptionally rich case evidence to illustrate that privatisation is more about politics than performance.
Learning and Researching with Case Studies
This companion takes the student through the different approaches to working with cases in the classroom, virtually and for research purposes. Capturing insights and best practices shared by scholars of the case method from around the world, this book aims to: • equip students to work with and analyse case studies as part of their programme of study; • adapt student approaches to online learning with cases; • guide students on how to use case studies as a form of assessment; • help students looking to adopt a case study approach to a research project. These aims are framed in the sections of the book. Each section contains reflections from academics across the world, personal insight...
The Global Business Handbook
A nation's economic success depends on the capacity of its companies and trading organizations to develop business relationships, trade and do business in the international arena. Doing business across borders subtly changes the processes and skills the successful manager needs. Cultural, social, geographic and legal factors serve to complicate the picture. The mantra for managers today is think global, act local. In this handbook the authors concentrate on the big developments that currently are happening at an international level. They consider how managers operating in the global business landscape must change what they do to create advantages and remain competitive. The Global Business Handbook is based on the structure of the very successful IÉSEG International School of Management's programme on international management. It includes a global focus, backed by the latest research on different aspects of international business carried out in different parts of the world.
Investment Strategies in Emerging Markets
"The book investigates foreign direct investment (FDI) strategies in four important emerging economies: Egypt, India, South Africa and Vietnam. These countries liberalized their economies in the 1990s with the intention of attracting greater FDI inflows. This book assesses whether they have been successful in achieving this goal. The authors adopt a comparative perspective and use a large enterprise survey plus three individual case studies in each country. They investigate the strategies of foreign direct investors focusing on the relationship between the investment climate, the mode of entry (acquisition, greenfield or joint venture), company performance, and spillovers to the host economy. The book outlines how the interactions between international businesses and the local policy environment influence the entry strategies of firms. Academics and researchers with an interest in international business, emerging markets, economic development and strategic management will find this book informative and insightful."--BOOK JACKET.
The Listening Leader
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International Bibliography of Economics 1998
Renowned for its international coverage and rigorous selection procedures, this series provides the most comprehensive and scholarly bibliographic service available in the social sciences. Arranged by topic and indexed by author, subject and place-name, each bibliography lists and annotates the most important works published in its field during the year of 1997, including hard-to-locate journal articles. Each volume also includes a complete list of the periodicals consulted.
National Competitiveness in Global Economy
The Hungarian economy is on a new development path after coping successfully with challenges raised by national economic transition and the increasing globalization in the first half of the 1990s. Competitiveness has become a key issue for both macroeconomic analysts and for decision makers in business and government. Recognition of the above in 1995 led the Budapest University of Economic Sciences to start a research program titled In Global Competition - Microeconomic Factors of Competitiveness of the Hungarian Economy. A focal element of the research program was an opinion survey. The analysis of the database of two surveys makes it possible to provide an overview of the changes in the behavior, performance and selected operational fields of Hungarian companies between 1995 and 1999. The main findings of this analysis are published in this book. Besides the description of the Hungarian developments, the authors provide some more general conclusions for those interested in micro and
Organizational Strategies and Structures Following the System Turnaround
The book analyses the evolution of strategies and organizational structures of enterprises in Hungary after the political changes in 1990. The focal issue is to analyse and understand organizational changes in a period of radical political, social and economic turnaround.
Pollution and Property
Environmental protection and resource conservation depend on the imposition of property rights (broadly defined) because in the absence of some property system - private, common, or public - resource degradation and depletion are inevitable. But there is no universal, first-best property regime for environmental protection in this second-best world. Using case studies and examples taken from countries around the world, this 2002 book demonstrates that the choice of ownership institution is contingent upon institutional, technological, and ecological circumstances that determine the differential costs of instituting, implementing, and maintaining alternative regimes. Consequently, environmental protection is likely to be more effective and more efficient in a society that relies on multiple (and often mixed) property regimes. The book concludes with an assessment of the important contemporary issue of 'takings', which arise when different property regimes collide.
