Property Rights in the Process of Privatization of the Polish Energy Sector

Research Papers of Wrocław University of Economics (Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu), issue: 402, pages: 70-83, 2015

15 Pages Posted: 18 Dec 2015

See all articles by Ireneusz Dąbrowski

Ireneusz Dąbrowski

Warsaw School of Economics (SGH)

Zbigniew Staniek

Warsaw Management University

Date Written: September 17, 2015

Abstract

The Polish model of privatization was mainly based on the implementation of the privatization policy in line with the procedures envisaged by law which preferred privatization on an individual basis, adjusted to the peculiarities of a given company. In a theoretical sense, this model was mainly based upon the idea of a state-led administrative privatization process with only minor elements of capital-market procedures and very modest worker social enfranchisement procedures. Privatization programs promoted privatization of whole industrial or commercial groups over single-entity privatization schemes. The implementation of privatization through programs does not change the essence of its fundamental challenges and problems; it merely affords a different dimension to it. The primary objective of the paper is to examine the issues of property rights in the privatization process of the energy sector.

Keywords: property rights, privatization, energy sector

JEL Classification: P14, L33, Q43

Suggested Citation

Dąbrowski, Ireneusz and Staniek, Zbigniew, Property Rights in the Process of Privatization of the Polish Energy Sector (September 17, 2015). Research Papers of Wrocław University of Economics (Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu), issue: 402, pages: 70-83, 2015, Available at SSRN: https://ssrn.com/abstract=2704675

Ireneusz Dąbrowski (Contact Author)

Warsaw School of Economics (SGH) ( email )

aleja Niepodleglosci 162
PL-Warsaw, 02-554
Poland

HOME PAGE: http://www.dabrowski.pl

Zbigniew Staniek

Warsaw Management University ( email )

Kawęczyńska 36
Warsaw, 03-772
Poland

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