ANDREJA BÖHM Senior Adviser, Ministry of Finance, SloveniaJO E P. DAMIJAN Assistant Professor, University of LjubljanaMICHAL GÓRZYNSKI Vice President of CASE-Dordadcy Consulting Company, Warsaw, PolandIRENA GROSFELD Professor, Centre National de la Recherche Scientifique, Paris, FranceTYTUS KAMINSKI Researcher, Center for Social and Economic Research, Warsaw, PolandEV EN KOCENDA Associate Professor, Center for Economic Research and Graduate Education, Charles University, Prague, Czech RepublicPIOTR KOZARZEWSKI Member, CASE foundation, Warsaw, PolandBORIS MAJCEN Senior Research Fellow and Director of the Institute for Economic Research, Ljubljana, SloveniaBARTLOMIEJ PACZÓSKI Research Assistant, CASE Foundation, Warsaw, PolandMARKO REMS MBA candidate, Economics Faculty, University of Ljubljana, SloveniaMATIJA ROJEC Senior Research Fellow, University of Ljubljana, SloveniaMARKO SIMONETI Professor of Finance, University of Ljubljana, SloveniaJURAJ VALACHY Doctoral Student, Center for Economic Research and Graduate Education, Charles University, Prague, Czech Republic

The first original study of the evolution of ownershipBased on new enterprise level dataNew insights into the impact of privatizationNew findings on the endogeneity of ownership structureA comparative study of Czech, Polish and Slovene experience

Ownership and Performance in Transition Economies: An Overview; B.Blaszczyk, I.Hoshi, E.Kocenda & R.Woodward Slovenia: Ownership Performance of Mass-Privatized Firms; M.Simoneti, A.Böhm, M.Rems, M.Rojec, J.P.Damijan & B.Majcen Poland I: Ownership and Performance of Firms Privatized by Management-Employee Buyouts; P.Kozarzewski & R.Woodward Poland II: Ownership and Performance of the National Investment Funds and Their Portfolio Companies; B.Blaszczyk, M.Górzynski, T.Kaminski & B.Paczóski The Czech Republic: Ownership and Performance of Voucher-Privatized Firms; E.Kocenda & J.Valachy Mass Privatization and Endogenous Ownership Structure; I.Grosfeld & I.Hoshi Secondary Privatization: Summary and Lessons Learned; B.Blaszczyk, I.Hoshi & R.Woodward

Privatization was the fundamental pillar of transition from plan to market in former socialist countries. But little is known about the fate of companies that were privatized in large scale privatization schemes such as mass privatization or management-employee buyouts. This is the first original study aiming to fill this gap. It assesses wholesale privatization schemes in three leading transition countries - the Czech Republic, Poland and Slovenia - in terms of the evolving concentration of ownership and relations to firm performance.