-scale privatization in Russia. The analysis shows that although employee buyouts have helped to reduce unemployment and prevent major … social conflicts, it otherwise had a negative effect on corporate governance and firms' productivity. An excessively large …

, privatization methods had a lasting effect on ownership structure in Ukraine …This paper investigates the relationship between ownership concentration and enterprise performance in Ukraine. Using … performance in Ukraine. The paper also finds that concentration of ownership by foreign companies and banks is associated with …

does not receive support in the ownership but the indicator of voucher privatization supports it. The initial conditions … from early 90's were not the driving the financial distress. The voucher-scheme privatization results in poorer corporate …

, which could lead to enhanced productivity by a better management of resources at the firm level. Corporate governance … performance of particular interest. Productivity is considered as a major measure of firm performance, but for comparison …, profitability improved. A greater salary gap between executives and staff hurts productivity, but boosts ROA and ROE, which are …

-2010, we show that a higher share of politically connected supervisory board members leads to lower productivity. …