...Wladyslaw Sztyber The Polish programme of National Investment Funds is a particular form of mass privatisation. The purpose of this programme is to implement a privatisation of a definite part of the state property, to create conditions for all adult Polish citizens residing in Poland...

... sector. Large‐scale privatisation brought companies out of state ownership, but disperse ownership and lack of regulations created an extremely soft management environment. Since 1995 investment funds have started to reorganise their portfolio and more and more companies have undertaken the task...

...Joanna Kruczalak‐Jankowska; Kazimerz Kruczalak The main purpose of this paper is to approach the legal problems of mass privatisation in Poland. The authors present the structure of national investment funds which intend to be the experimental financial intermediaries in Poland. Their assets...