IDEAS home Printed from https://ideas.repec.org/a/pal/compes/v36y1994i2p1-15.html
   My bibliography  Save this article

Employee Buyouts and the Transformation of Russian Industry

Author

Listed:
  • Trevor Buck
  • Igor Filatotchev
  • Mike Wright

Abstract

Employee buyout, the main privatization vehicle for large Russian industrial enterprises, has been widely critized because it provides no new funds for investment, produces sub-optimal decisions in terms of operations and strategy, and results in faulty corporate governance. While our study confirms these features, our analysis suggests that employee buyout offers a major advantage as a versatile structure that can change over time to produce a genuine industrial transformation.

Suggested Citation

  • Trevor Buck & Igor Filatotchev & Mike Wright, 1994. "Employee Buyouts and the Transformation of Russian Industry," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 36(2), pages 1-15, July.
    • Handle: RePEc:pal:compes:v:36:y:1994:i:2:p:1-15
    as

    Download full text from publisher

    File URL: http://www.palgrave-journals.com/ces/journal/v36/n2/pdf/ces19948a.pdf
    File Function: Link to full text PDF
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: http://www.palgrave-journals.com/ces/journal/v36/n2/full/ces19948a.html
    File Function: Link to full text HTML
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mulaj, Isa, 2005. "Delayed privatization in Kosovo: causes, consequences, and implications in the ongoing process," MPRA Paper 103217, University Library of Munich, Germany.
    2. Susan Linz, 2000. "Restructuring with What Success? A Case Study of Russian Firms," William Davidson Institute Working Papers Series 324, William Davidson Institute at the University of Michigan.
    3. Aurélie Sannajust & Alexander Groh, 2023. "Pioneering management buy-out and entrepreneurial finance research: Mike Wright’s research legacy," Small Business Economics, Springer, vol. 60(1), pages 1-35, January.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:compes:v:36:y:1994:i:2:p:1-15. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.