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Title:Corporate restructuring in Russian privatizations and the implications for USA investors (Sowjetunion, Investitionsstrategie)
Journal:California Management Review
1996 : WINTER, VOL. 38:2, p. 87-105
Index terms:
Freeterms:ORGANISATIONSWANDEL,
UNTERNEHMENSANPASSUNG, REORGANISATION
Language:eng
Abstract:In a short period of time, the privatization of Russian enterprises has been extensive. However, major questions remain with regard to the impact on efficiency and the successful transition to economically viable enterprises. This article investigates governance and managerial characteristics of 171 Russian buy-out firms both before and after the privatization programme between 1992 and 1994. The programme has resulted in significantly lower employment levels, increased training, little investment, but increased equity ownership.
SCIMA record nr: 150855
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