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

Dirk Holtbruegge and Jonas F. Puck

Journal of East European Management Studies, 2009, vol. 14, issue 4, 369-394

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.

Keywords: Stakeholders; FDI; networks; Russia (search for similar items in EconPapers)
JEL-codes: F20 F30 M10 P20 P31 (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (8)

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