The contribution of this paper is threefold. Firstly, it develops a typology of corporate group development in terms of the pattern of corporate group formation in the Czech Republic and Slovakia. It identifies briefl...The contribution of this paper is threefold. Firstly, it develops a typology of corporate group development in terms of the pattern of corporate group formation in the Czech Republic and Slovakia. It identifies briefly three important types of corporate groups--industrial groups (type I groups), pyramid-like (type II) groups, and financial (type IIl or FIGs) groups. Using original typology for corporate groups, the paper examines development trajectory of some of the biggest FIGs and shows what effects their existence have in the two economies. Finally, some lessons resulting from this corporate group-related type of ownership concentration for other pre-transitive countries are mentioned.展开更多
文摘The contribution of this paper is threefold. Firstly, it develops a typology of corporate group development in terms of the pattern of corporate group formation in the Czech Republic and Slovakia. It identifies briefly three important types of corporate groups--industrial groups (type I groups), pyramid-like (type II) groups, and financial (type IIl or FIGs) groups. Using original typology for corporate groups, the paper examines development trajectory of some of the biggest FIGs and shows what effects their existence have in the two economies. Finally, some lessons resulting from this corporate group-related type of ownership concentration for other pre-transitive countries are mentioned.