WWW.DISSERS.RU


...
    !

Pages:     | 1 |   ...   | 6 | 7 || 9 | 10 |   ...   | 11 |

(72,0)

55

Hungary

OS (DS)

PC, MEBO

More than 50

1566

(87,7)

80

Poland

MEBO

MP1, OS (DS)

More than 50

(35,7)

n.a.

65

Romania

MEBO

OS (DS)

Up to 50

(28,4)

(95,5)

60

Armenia

MP1

MP2, MEBO

Up to 50

1010 (72,3)

(77,8)

60

Azerbaijan

MP1

DS, MEBO

70% of 3200 enterprises' assets by mid-2000

(71,0)

45

Georgia

MP2

MEBO (DS)

More than 50

876 (73,1)

(93,8)

60

Kazakhstan

MP1

OS (DS)

70

n.a.

(100,0)

55

Kyrgyzstan

MP1

MEBO

Up to 50

(63,8)

60

Estonia

OS (DS)

MEBO, MP

More than 50

(99,0)

(99,6)

70

Latvia

MP1

OS (DS)

38,2

1351

n.a.

60

Lithuania

MP1

MEBO, DS

Up to 50

1034

n.a.

70

Belarus

MEBO

MP

n.a.

(25,5)

20

Moldova

MP2

OS (DS)

Up to 50

1100

n.a.

45

Russia

MP2

OS, MEBO

More than 50

35 000

115 000

70

Ukraine

MP1

MEBO

Up to 25

7800 (72,4)

n.a.

55

Tajikistan

MEBO

MP

Up to 25

(11,3)

(50,0)

30

Turkmenistan

MEBO

DS

n.a.

15

1779

25

Uzbekistan

MEBO

MP, DS, IP

Up to 50

18 264

45

Mongolia

MP

MEBO

n.a.

470 (70,0)

n.a.

n.a.

Abbreviations: MP1 – mass (voucher) privatisation with equal access of all citizens, MP2 - mass (voucher) privatisation with significant concessions to insiders, MEBO – management and employee buy-outs, OS – sale to the formally outside owners, DS – direct sales, PC – preferencial credit, IP – through insolvency proceedings, SF – transfer of shares to the social funds. Main and secondary privatisation methods indicate the contribution (importance) of the concrete methods to the privatisation of SOE assets.

Sources: Boehm, ed., 1997; EBRD, 1997,1998; IET, 1998.

Table 2. Changes in the ownership structure, % of total (Means)

Georgia

Kazakhstan

Kyrgyzstan

Moldova

Russia

Ukraine

1995

1997

1995

1997

1995

1997

1995

1997

1995

1997

1995

1997

Managers

41,5

53,6

23,1

29,4

28,1

34,4

7,2

18,3

25,4

36,3

14,6

46,2

Employees

9,4

10,4

10,7

8,2

38,3

36,4

21,6

19,7

26,0

23,3

23,6

15,3

State

41,0

23,3

34,8

16,1

12,4

5,6

38,6

23,8

23,5

14,7

42,6

15,4

Local Outsiders *

4,9

8,0

23,6

30,2

16,8

18,9

24,7

22,6

23,4

21,5

18,9

17,7

Foreign Outsiders

1,0

2,2

4,4

6,8

2,2

2,3

0,3

2,1

1,6

3,8

0,3

0,9

Individuals

2,0

2,2

3,4

9,3

2,2

2,4

7,6

13,5

0,1

0,4

0,2

4,5

* (incl. Investment funds)

Source: Djankov, 1999.

Table 3. Stock ownership structure in Russian joint-stock companies in 1994-1999 (data obtained in different surveys, %)

(1)

(2)

(3)

(4)

After priv.

1994

1996

1994

1995

1996

1994

1995

1996

1995

1997

1999


1. Insiders, total

66

66

58

62

56

56

65

55

58

58,5

51,6

51,3


- employees

47

44

43

53

43

40

56

39

40

48,5

39,5

Pages:     | 1 |   ...   | 6 | 7 || 9 | 10 |   ...   | 11 |



2011 www.dissers.ru -

, .
, , , , 1-2 .