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Restructuring and Managing the Enterprise in Transition

Restructuring and Managing the Enterprise in Transition - EDI Learning Resources Series

Paperback (31 Aug 1998)

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Publisher's Synopsis

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.

Book information

ISBN: 9780821336588
Publisher: The World Bank
Imprint: World Bank Publications
Pub date:
DEWEY: 658.406
DEWEY edition: 21
Language: English
Number of pages: 411
Weight: 928g
Height: 274mm
Width: 212mm
Spine width: 24mm