To be competitive, firms have to maintain level and composition of workforce they consider optimal given utilized technology and expected output. The paper discusses what types of firms are unable to keep optimal employment, and why. Do firms still report excess of labor or do they face labor...

The paper attempts to estimate expropriation risks for shareholders in the Russian economy. On the basis of the survey of nearly 1000 manufacturing firms which was conducted in 2009 a series of special "ownership insecurity indices" is constructed and their variation by types of risks and firms...

The paper examines CEO turnover and separation of ownership from control in the Russian manufacturing. Empirical analysis is based on micro-data of the recent representative survey «Russian firms in a global economy» conducted in 2014. The data shows that CEO turnover in the Russian...