
handle: 11199/7550
The aim of this article is to compare income of the State Budget received from the Treasury capital and from privatising state companies between 1991 and 2006. The article compares the income from privatisation and from dividend payments and obligatory payments on income from state-owned companies and one-man Treasury-owned companies, with special attention paid to the issue of the change of capital ownership in the process of privatisation. The issue is presented on a case study of income achieved from privatisation of PZU S.A. (The Common Insurance Plc) and the potential dividend which the State Treasury could have received from that capital group. The article also evaluates the change of attitude towards the problem of managing the state owned companies and other enterprises after 2005.
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