This paper analyzes the impact of the Polish stabilization program on the behavior of state-owned firms by summarizing and evaluating three case studies. The authors outline a framework to analyze whether firms have adjusted differently according to differences in their market power, financial...

The relationship between enterprise performance and the various exogenous variables – ownership, competition, financial constraints – have been considered separately in the papers of this Special Issue. In this concluding paper, we analyse them together and investigate their interaction. We...

In this paper, we introduce our survey of 437 Russian industrial enterprises, 1997-1999. We gathered data on enterprise performance, both qualitative and quantitative, and four determining features of the Russian industrial environment – ownership structure (state, insider, outsider);...

The literature suggests that competitive forces should be an important element in improving enterprise performance in transition economies, especially when combined with private ownership. However, empirical evidence on these issues for Russia has as yet not been convincing. Our findings are...

This paper explores whether labour-management theory provides significant insights into the operation of the Yugoslav economy and into the process of transition in the Yugoslav successor states. It concludes that the literature offered only modest insights into the operation of the Yugoslav...

Many foreign investment operations into emerging markets are small, and are likely to have only a limited impact on the local economy. However, host governments often expect transfer of advanced technology from multinational enterprises (MNEs) operating in these markets to local firms by way of...