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Centralized decentralization : corporate governance in the East German economic transition (英语)

This is the eighth chapter of 12 in a book entitled, "Corporate Governance in Transitional Economies: Insider Control and the Role of Banks" (report no. 14112). It analyzes the transformation of the East German corporate sector, arguing that initial conditions caused enterprise reform to take a different turn from that in the rest of Eastern Europe. The chapter briefly surveys the evolution of the corporate sector in East Germany before 1989; sketches...
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