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The Czech Emerging Financial Markets and Their Roles in Corporate Finance

In: Corporate Restructuring and Governance in Transition Economies

Author

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  • Zdenek S. Blaha

Abstract

The Czech Republic was the first post-communist country to experiment on a large scale with mass privatization and financial markets institutions in the early 1990s and one of the few for which enough time has elapsed and enough data is available to permit a tentative assessment. In this section we focus on the more recent developments on financial markets. To understand how these markets in the Czech Republic function and what role they play in corporate finance we examine the investment behavior of Czech firms during the latter part of the transition process (1996–2001).

Suggested Citation

  • Zdenek S. Blaha, 2007. "The Czech Emerging Financial Markets and Their Roles in Corporate Finance," Studies in Economic Transition, in: Bruno Dallago & Ichiro Iwasaki (ed.), Corporate Restructuring and Governance in Transition Economies, chapter 4, pages 91-106, Palgrave Macmillan.
    • Handle: RePEc:pal:stuchp:978-0-230-80151-6_5
    DOI: 10.1057/9780230801516_5
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