than 400,000 Czech firm/years we study whether firms fully utilize their resources, how firm financial efficiency evolves …

Using data collected from a panel of 6,205 civilian manufacturing firms located in the Central, Volga, North Caucasus … and employment patterns Russia inherited, the results from the panel data regressions indicate that manufacturing firms in … structure tends not to be a major influence on employment change for these Russian firms. Section five offers concluding remarks. …

between bribing and lobbying. We test our predictions using survey data for about 6000 firms in 26 countries. Our results … explaining whether firms choose bribing or lobbying, (c) lobbying is more effective than corruption as an instrument for …

econometric evidence. We argue that asset stripping is driven by the interplay between the firm’s potential profitability and its … ability to influence law enforcement. Our econometric results, for about 950 firms in five transition economies, provide …

and can lead new firms to the informal sector. On the other hand, taxes and redundancy pay make official firms offer lower …

and informal sectors to show how a government’s auditing of informal firms and barriers to firms’ entry erected in the … firms and workers in both formal and informal sectors. This has an important implication for policy making. In particular …, we show that if ceteris paribus a firms’ bargaining position vis-à-vis workers is stronger in the formal rather than in …

modernization takes place, either because information problems become less severe or more firms enter the economy, business groups …