| Abstract: | Summary Privatization is an essential part of the transition process in Central and Eastern Europe. In this process the major stakeholders have a variety of different objectives. The conventional Western literature views of the objectives of governments, investors, and privatized companies are identified. The research then studies the importance ol'thcsc in Central and Eastern Europe and the degree to which they have been achieved in Hungary, Poland, and Slovcnia for former state-owned enterprises (SOEs) which are now fully or partly private and for organic private firms. The paper concludes that the major objectives are more likely to be achieved by fully privatized former SOEs. |
