Non-wage benefits, corporate ownership and firm performance in post-communist economies: evidence from Ukraine

Marco Michelotti, Andrea Vocino, Peter Gahan and Julia Roloff
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Marco Michelotti: ESC [Rennes] - ESC Rennes School of Business
Julia Roloff: ESC [Rennes] - ESC Rennes School of Business

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Abstract: The economic reforms in the transition economies of Central and Eastern Europe have fundamentally reshaped ownership and governance of economic production, notably through the privatization of former state-owned enterprises. These reforms were expected to transform management practices by displacing ‘cradle-to-grave' welfare arrangements administered by state-owned enterprises. Using data drawn from two large samples of Ukrainian establishments, we investigate, in two different time points, the relationship between non-wage benefits and firm performance during the period of transition to a market economy (1994–2004). We found that non-wage benefits continued to be a critical feature of HRM practices in Ukraine during this period, and were positively associated with firm performance.

Keywords: Firm performance; non-wage benefits; privatization; transition economies (search for similar items in EconPapers)
Date: 2016-04-18
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Published in International Journal of Human Resource Management, 2016, 28 (20), pp.2861-2892. ⟨10.1080/09585192.2016.1139617⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02002110

DOI: 10.1080/09585192.2016.1139617

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