The aim of this paper is to review China's institutional reforms and consequent development of Chinese corporate governance system and financial system. As part of the wider economic reform initiated since the late 1970s, the Chinese government has adopted various measures aimed at reforming...

This work is part of studies conducted by the IET in the sphere of institutional changes going on within the framework of the economy in transition. Particular emphasis is placed on state-of-the-art methods of theoretic and empirical research that can reveal the influence of different...

The aim of this research paper is to analyze those external corporate governance mechanisms, which either play a practical role or give an idea about the specifics of the Russian model. In the context of general institutional issues first of all market mechanisms are analyzed, which are “in...

This work is part of studies conducted by the IET in the sphere of institutional changes going on within the framework of the economy in transition. Particular emphasis is placed on state-of-the-art methods of theoretic and empirical research that can reveal the influence of different...

The aim of this research paper is to analyze those external corporate governance mechanisms, which either play a practical role or give an idea about the specifics of the Russian model. In the context of general institutional issues first of all market mechanisms are analyzed, which are “in...

We investigate the impact of differences in privatisation method on national economic performance in transition economies. Our approach is to estimate, using dynamic panel data methods, a growth equation over 23 countries for the period 1990-2001. Among our results, we find that mass...

To achieve sustainable economic growth in transition countries, it is crucial that enterpriseperformance is improved. However, it is not a priori clear which factors are essential for this. ForRussia, data to investigate the potential determinants of enterprise performance is scarce.Therefore,...

To achieve sustainable economic growth in the transition countries,it is crucial that enterprise performance is improved. However, it isnot clear which factors are essential for this. On the basis of theempirical literature on potential determinants of enterpriseperformance in Russia, surveyed...

This paper summarizes the role of entrepreneurship in the East German transformation process that followed the breakdown of the socialist regime and subsequent unification with West Germany. The main aim of this exercise is to derive conclusions and recommendations for a potential unification of...

Dynamic panel data methods are used to estimate a growth model using data from 23 transition countries for the period 1990 to 2003. The estimating equation is augmented with country- and time-specific variables for methods of privatization and other factors potentially relevant to growth in...