KOSZTY TRANSAKCYJNE REPRYWATYZACJI ODDOLNEJ W POLSCE
TRANSACTION COSTS OF THE BOTTOMUP REPRIVATISATION IN POLAND

Summary/Abstract: The article analyses the structure and sources of transaction costs generated by bottomup reprivatisation carried out in the absence of a comprehensive legislative framework. Unlike the solutions adopted in other postcommunist countries, the Polish system relies on the individual initiative of former owners or their legal heirs, who pursue claims based on general civil and administrative provisions. The aim of the article is to identify specific types of transaction costs and the institutional factors that influence their magnitude and distribution.

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