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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 …
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I derive a model to analyze the efficiency outcomes of bids for enterprise control when workers own a pivotal fraction of the shares. Workers know there will be layoffs under the new owner, and they face search costs to being unemployed. Without worker ownership, some inefficient takeovers...
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Privatisierung und der Corporate Governance in Russland im Vergleich zu anderen GUS-Staaten. Wir diskutieren drei Unternehmens … in Russia in comparison to other CIS. We provide three company cases with subsequent discussion on ownership, control …, and corporate governance in Russia, given the increasing state leverage in the country’s industrial sector. Aimed at …
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