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 focuses on the brown-field entry mode, as a special case of acquisition, in which the resources transferred by the investor dominate over those provided by the acquired firm. We see this mode as having particular relevance for entry strategies in emerging markets. The choice of entry...

Output decline has been a feature of the transition economies in the initial post-communist period, including in those countries that belonged to the former Soviet Union. However, explanations for the decline and its persistence have not been easy to find, and mostly they have focussed upon...

This paper takes the form of a comparative study of the body of research upon enterprise performance and restructuring in established market economies and transition economies (TEs). We firstly examine issues related to empirical studies of enterprise performance and restructuring, including the...