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Stakeholder networks of foreign investors in Russia: An empirical study among German firms

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  • Dirk Holtbruegge
  • Jonas F. Puck

Abstract

One important success factor of foreign firms in Russia is the establishment of efficient networks with non-market stakeholders. Stakeholder networks may help foreign firms to obtain relevant information, accelerate administrative decision-making and reduce political risks. The objective of this study is to analyze the stakeholder networks between German investors in Russia and their socio-political interest groups. The study is based on in-depth interviews with the representatives of 3 German firms and 16 socio-political interest groups in autumn 2006. The results of a within-case and a cross-case analysis reveal that the development of stakeholder relations is important for the success of foreign companies in Russia. These may differ in size, intensity, density and centrality, depending on the industry and the particular socio-political issues these companies are confronted with.

Suggested Citation

  • Dirk Holtbruegge & Jonas F. Puck, 2009. "Stakeholder networks of foreign investors in Russia: An empirical study among German firms," Journal of East European Management Studies, Rainer Hampp Verlag, vol. 14(4), pages 369-394.
    • Handle: RePEc:rai:joeems:doi_10.1688/1862-0019_jeems_2009_04_holtbruegge
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    Citations

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    Cited by:

    1. Barbara Covarrubias Venegas & Katharina Thill & Martina Rašticová & József Poór & Zdeňka Konečná, 2016. "Competencies for Human Resource Management in Foreign-Owned Firms. Focus on Three CEE Countries and Austria," European Journal of Business Science and Technology, Mendel University in Brno, Faculty of Business and Economics, vol. 2(1), pages 70-84.
    2. Igor Gurkov, 2015. "Russian Manufacturing Subsidiaries of Western Multinational Corporations: Support from Parents and Cooperation with Sister-Subsidiaries," HSE Working papers WP BRP 37/MAN/2015, National Research University Higher School of Economics.
    3. Igor Gurkov & Sergey Filippov, 2013. "Innovation processes in the Russian manufacturing subsidiaries of MNCs – an integrated view from case studies," HSE Working papers WP BRP 11/MAN/2013, National Research University Higher School of Economics.
    4. Victoria Golikova & Paeivi Karhunen & Riitta Kosonen, 2011. "Subsidiary evolution in a transition economy: Kemira GrowHow in the Russian fertilizer market," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 16(1), pages 9-30.
    5. Vincent Montenero, 2018. "Russia's Integration to the Globalized Automotive System: Solutions Adopted by Multinationals and Impact on the Local Industrial Environment," European Journal of Business Science and Technology, Mendel University in Brno, Faculty of Business and Economics, vol. 4(1), pages 31-47.
    6. Yakovlev, Andrei & Freinkman, Lev & Ershova, Nina, 2018. "Channels of dialogue between international businesses and national governments: The implications for domestic reforms and international relations in the case of Russia," BOFIT Policy Briefs 5/2018, Bank of Finland Institute for Emerging Economies (BOFIT).
    7. Igor Gurkov & Vladimir Kossov & Sergey Filippov, 2013. "Management practices in Russian multinational subsidiaries: the Case of knauf cis," HSE Working papers WP BRP 13/MAN/2013, National Research University Higher School of Economics.
    8. Anna Zubkovskaya & Snejina Michailova, 2014. "THE DEVELOPMENT OF RUSSIAN MULTINATIONAL ENTERPRISES FROM THE 1990s TO THE PRESENT," Organizations and Markets in Emerging Economies, Faculty of Economics, Vilnius University, vol. 5(2).

    More about this item

    Keywords

    Stakeholders; FDI; networks; Russia;
    All these keywords.

    JEL classification:

    • F20 - International Economics - - International Factor Movements and International Business - - - General
    • F30 - International Economics - - International Finance - - - General
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • P20 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - General
    • P31 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions

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