Restructuring and Managing the Enterprise in Transition

Front Cover
World Bank Publications, Jan 1, 1998 - Business & Economics - 411 pages
A wide gap still exists between Western concepts and their application in the ex-socialist countries during transition. Most Western models in financial management make assumptions about the efficiency and stability of markets and the signals that can be obtained and also assume that traditional accounting information is available and can be used for management purposes. A new paradigm is needed to manage the finance function in a transition economy experiencing hyperinflation since stamdard assumptions are not valid in most ex-socialist countries. This book describes the adaptations of financial techniques as it reviews standard financial concepts and tools, adjusts them when necessary to the unique conditions in the ex-socialist enterprises, and then presents the restructuring context and some strategies that are based on the application of these tools.
 

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Contents

VI
23
VII
41
VIII
45
IX
47
X
65
XI
81
XII
91
XIII
111
XXI
215
XXII
225
XXIII
233
XXIV
259
XXV
267
XXVI
283
XXVII
289
XXVIII
305

XIV
127
XV
131
XVI
151
XVII
157
XVIII
177
XIX
187
XX
207
XXIX
325
XXX
339
XXXI
351
XXXII
363
XXXIII
373
XXXIV
385
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