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A Successful Transformation?Restructuring Strategies in the Czech Automotive Components Industry

A Successful Transformation?: Restructuring Strategies in the Czech Automotive Components Industry 7 Restructuring Strategies in the Czech Automotive Components Industry This chapter extends the analysis of the Czech automotive components industry presented in the previous two chapters. As we could see, privati- zation of the automotive components industry was a complex process that led to its profound organizational restructuring and ownership transfers. It involved a number of different strategies such as voucher privatization, management buyouts, spontaneous privatization, JV formation with for- eign partners, or direct sales to foreign companies. Different privatization strategies had long-term consequences for the nature of enterprise restruc- turing. However, any sweeping generalizations about the relationship be- tween a privatization strategy and the nature and outcomes of enterprise restructuring are impossible to make, inasmuch as the same privatization strategies could lead to very different outcomes in different enterprises as we could see in Chaps. 5 and 6. In this chapter the developments in the automotive components industry are analyzed in the light of the transfor- mation of Škoda’s supplier network in the 1990s and 2000s, as Škoda Auto was and continues to be the single most important influence on the Czech automotive supplier sector. The chapter starts with a discussion of the effects of price and trade http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A Successful Transformation?Restructuring Strategies in the Czech Automotive Components Industry

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Publisher
Physica-Verlag HD
Copyright
© Physica-Verlag Heidelberg 2008
ISBN
978-3-7908-2039-3
Pages
227 –256
DOI
10.1007/978-3-7908-2040-9_7
Publisher site
See Chapter on Publisher Site

Abstract

7 Restructuring Strategies in the Czech Automotive Components Industry This chapter extends the analysis of the Czech automotive components industry presented in the previous two chapters. As we could see, privati- zation of the automotive components industry was a complex process that led to its profound organizational restructuring and ownership transfers. It involved a number of different strategies such as voucher privatization, management buyouts, spontaneous privatization, JV formation with for- eign partners, or direct sales to foreign companies. Different privatization strategies had long-term consequences for the nature of enterprise restruc- turing. However, any sweeping generalizations about the relationship be- tween a privatization strategy and the nature and outcomes of enterprise restructuring are impossible to make, inasmuch as the same privatization strategies could lead to very different outcomes in different enterprises as we could see in Chaps. 5 and 6. In this chapter the developments in the automotive components industry are analyzed in the light of the transfor- mation of Škoda’s supplier network in the 1990s and 2000s, as Škoda Auto was and continues to be the single most important influence on the Czech automotive supplier sector. The chapter starts with a discussion of the effects of price and trade

Published: Mar 4, 2008

Keywords: Trade Liberalization; Automotive Component; Assembly Plant; Component Sector; Component Supplier

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