Transnational Forces and Corporate Governance Regulation in Postsocialist Europe

This dissertation provides an analysis of the influence of transnational forces on the mode and content of corporate governance regulation in East Central Europe since the collapse of state socialism. From the early 1990s onwards countries in this region have gone through a process of economic restructuring aimed at the establishment of liberal market economies. Transnational actors such as the European Union, the International Monetary Fund and transnational corporations have been quite influential in this process. As a result of their involvement, corporate governance institutions in the region look surprisingly similar despite the fact that the countries initially opted for different paths. Moreover, the institutional set-up of the region is remarkably different from the institutional arrangements in Western Europe and the US.