This title was first published in 2001. This study explores the operation of the Treuhandanstalt, the trust agency responsible for implementing the massive privatization programme launched in the former East Germany in 1990. It evaluates the level of satisfaction that stakeholder groups typically felt with regard to the agency, its actions and its achievements.
’With the fall of European communism, privatization of the state owned enterprises was swifter and more complete in East Germany than elsewhere. Jutta Howard has given us a fascinating and insightful account of the work of the Treuhandanstalt, the body that spearheaded the process.’ Peter Lawrence, Professor of International Management, Loughborough University, UK
Contents: Introduction; The Treuhandanstalt and the privatization process; The Treuhandanstalt, stakeholders and organizational effectiveness; Buying into the former East Germany: motives, experiences and lessons of the privatization process; Employees and management as stakeholders: learning and management in an era of extreme uncertainty; Environmental turbulence and the management of public perceptions; The inheritance and prospects of the successor organizations; Conclusion: legacy and evaluation; Appendices; Bibliography; Index.
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