Prague Economic Papers 2001, 10(1) | DOI: 10.18267/j.pep.165

The behavioral maladjustment of the communist managerial elites (the case of the czech republic)

Tomáš Cvrček

The scarcity of educated and experienced managers and the path dependency influence the corporate governance of the post-communist enterprises. Using the standard microeconomic tools, the paper investigates the possible similarities between the old "command economy management" and the behavior of managers under the conditions of infant capitalism. It concludes that the standard microanalysis, supplemented with assumptions representing the management behavior under communism, may offer a viable theoretical explanation of management decision making as seen in the Czech Republic.

Klíčová slova: privatization, transformation, East-Central Europe, company management, central planning, homo se assecurans

Zveřejněno: 1. leden 2001  Zobrazit citaci

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Cvrček, T. (2001). The behavioral maladjustment of the communist managerial elites (the case of the czech republic). Prague Economic Papers10(1), . doi: 10.18267/j.pep.165
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