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Privatization and stock market creation : evidence from transition economies

Publication

Abstract

The first chapter of this dissertation investigates the relationship between mass privatization and stock market development in transition economies. The link is investigated empirically using a panel of data that includes transition countries for which corresponding data is available.

The second chapter studies stock market emergence and development in the Czech Republic, one of the first countries where mass privatization was implemented. The third chapter deals with the analysis of delisting in the Slovak Republic, where in comparison to the Czech Republic, delisting took place five years later.