Journal Article10.1300/J097V10N02_04
Enterprise Restructuring in Transition
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TL;DR: In this article, the authors evaluate how privatised, post-socialist Polish enterprises have responded to market conditions and trace the management role in capitalist restructuring and adjustment to the wider aspects of economic transformation in Poland.
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Abstract: Poland in 1989 was faced with massive and unprecedented change. If we consider what communism was-an ideology, an economic system, a political system, a way of life-we can begin to appreciate the nature, scale, challenge and complexity of the change involved. This paper evaluates how privatised, post-socialist Polish enterprises have responded to market conditions. In particular, it traces the management role in capitalist restructuring and adjustment to the wider aspects of economic transformation in Poland. A general introduction is followed by case material from three privatised, post-socialist Polish enterprises. Conclusions reached demonstrate both continuity and change in management behaviour and adaptation to capitalism through incremental rather than radical adjustment strategies. Capitalist restructuring is, however, shown to be more radical and extensive with dominant MNC ownership and control.
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