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-scale privatization in Russia. The analysis shows that although employee buyouts have helped to reduce unemployment and prevent major …-term growth of privatized enterprises. Unlike in many other transition countries, employees in Russia were obedient to the … remains a popular idea in Russia, but subsequent attempts of the Russian government to isolate enterprises from outside …
Persistent link: https://www.econbiz.de/10014221198
The paper is intended to explain low sensitivity of employment decisions observed in transition economies where insider ownership prevails and capital markets are not highly developed. We introduce a stability concept for employment levels of a labor-managed firm and prove that there exists a...
Persistent link: https://www.econbiz.de/10014223986
We use a representative sample of German establishments to show that those with foreign ownership are more likely to use performance appraisal, profit sharing and employee share ownership than are those with domestic ownership. Moreover, we show that works councils are associated with an...
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The BRIICS - Brazil, Russia, India, Indonesia, China and South Africa - are the largest developing countries in their …
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This paper is the product of a Japan-Russia joint research project entitled “Corporate Governance and Integration …
Persistent link: https://www.econbiz.de/10008698096
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