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| Author: | Kalmi, P. |
| Title: | Ownership change in employee-owned enterprises in Poland and Russia |
| Journal: | Russian and East European Finance and Trade
1998 : MAR-APR, VOL. 34:2, p. 6-57 |
| Index terms: | RUSSIA POLAND EMPLOYEE OWNERSHIP |
| Language: | eng |
| Abstract: | This paper discusses employee-owned enterprises (EOEs) in transition economies, particularly Poland and Russia. Employee buyouts have played a very important role in privatisation in these countries. Employee ownership in both countries is based on individual shareholding and should be distinguished from the notion of "worker self-management" popular in these countries in the 1980s. Under worker self-management, workers retain a voice in decisions affecting production, investment, profit sharing, wages, employment conditions, and the appointment and tenure of the managing director. |
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