Informácia o dokumente



In: Geografický časopis, vol. 72, no. 1
Zbigniew Taylor - Ariel Ciechański

Ownership transformation and FDI among national carriers operating road passenger transport services in the Visegrád Group (V4) countries

Detaily:

Rok, strany: 2020, 81 - 102
Jazyk: eng
Kľúčové slová:
restructuring, ownership transformation, FDI, bus/coach carriers, Visegrád Group (V4), transport companies

O článku:

The aim of this article is to investigate the changes and derive generalizations concerning the processes related to the ownership transformation and implementation of the foreign direct investment (FDI) in the public interurban bus transport in the Visegrád Group (V4) countries in the years 1989 – 2015. The author’s interests focus on the transformation among national road passenger transport companies in Poland (PKS), the Czech and Slovak Republics (ČSAD) and Hungary (Volán). The most important role in the restructuring that has taken place is seen to have been played by various forms of privatisation process (including voucher privatisation, workers’ leasing and privatisation with investor participation). A particular role has also been given to foreign direct investment (FDI), first and foremost in the brownfield form (via takeovers). The focus here is on the comprehensive participation of the largest investor (Deutsche Bahn, German state railways), which is active in all four states, albeit via very varied schemes, procedures and means of involvement. Despite the similar initial situation regarding national carriers operating road passenger transport services, each country’s transformation process has since assumed its own form, with the result that each now presents a quite different situation. Moreover, this continues to be characterised by fluctuation and changeability. Overall, the results speak against any common approach to, or equal treatment of, the V4 group of post-communist countries, given that each now looks like a specific case.

Ako citovať:

ISO 690:
Taylor, Z., Ciechański, A. 2020. Ownership transformation and FDI among national carriers operating road passenger transport services in the Visegrád Group (V4) countries. In Geografický časopis, vol. 72, no.1, pp. 81-102. ISSN 0016-7193. DOI: https://doi.org/10.31577/geogrcas.2020.72.1.05

APA:
Taylor, Z., Ciechański, A. (2020). Ownership transformation and FDI among national carriers operating road passenger transport services in the Visegrád Group (V4) countries. Geografický časopis, 72(1), 81-102. ISSN 0016-7193. DOI: https://doi.org/10.31577/geogrcas.2020.72.1.05

O vydaní:

Publikované: 31. 3. 2020
Verejná licencia:
CC-BY-NC