National Repository of Grey Literature 2 records found  Search took 0.01 seconds. 
Privatization of banks in Slovakia and its impact on bank market
Soták, Branislav ; Půlpán, Karel (advisor) ; Slavíček, Ján (referee)
This diploma thesis deals with the transition and privatization of banks in Slovak Republic. In the beginning, it describes the theoretical background of financial transition. It then copes with the emergence of two-tiered banking and privatization and its implications for the uprise of a Slovak specific corporate governance model, in which banks played a crucial role. The third part investigates problems of the development of the banking sector until late 90s, mostly the vast non-performing loan portfolio. These problems eventually led to a banking crises, that was necessary to be solved via costly restructuring and privatization of banks with the entry of strategic foreign investors, the fourth part describes the process. The last part is dedicated to an empirical analysis of the impact of various ownership forms on the cost efficiency of banks in the sample of Czech and Slovak banks in the period 1996-2005. To estimate the efficiency we use the stochastic frontier approach with the translog specification of the cost function. The results support the hypothesis that privatized banks are more cost efficient than stateowned banks.
Post-Socialist Corruption as a Legacy of the Past? The Experience of Central European Countries
Matis, Maroš ; Svoboda, Karel (advisor) ; Jędruchów, Tomasz Dawid (referee)
This Bachelor's thesis deals with the phenomenon of post-socialist corruption. Corruption is a frequent topic of discussions within society, yet almost always the focus is on the current situation and contemporary scandals. This work tries to apply a more in-depth approach. It examines to what extent corruption in Central Europe is a legacy of the socialist regimes and of the subsequent period of transition. Corruption is not a modern phenomenon, it has been present in Central Europe for centuries. However, it seems that the beginning of socialism represents a turning point, which changed whole structure of the society. This work examines structural characteristics of the former regimes such as: their hierarchical nature, shortage economies and its effects on the emergence of corrupt practices, and the mechanism beyond it. Social norms and clientelist networks created in the former regimes survived even after year 1989. Moreover, the period of transition brought new options for corruption such as: privatisation, legislative and institutional vacuum, and economic recession. An analysis of certain aspects relevant for corruption in the period of socialism and transition could help us better understand contemporary corruption in the countries of Central Europe.

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