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Forming of Financial-Industrial Groups in the Transition to Market Economy

Nikolay Naydenov (niknayd@iki.bas.bg)

Economic Studies journal, 2002, issue 1, 89-116

Abstract: Based on the study of the Russian experience in developing Financial-Industrial Groups (FIGs), conclusions have been made concerning the formation and functioning of Corporate Intermarket Alliances (CIAs) in transition economies. Circumstances have been highlighted which might draw firms into CIA, and general directions have been suggested for the introduction of such a form of organization. The options for forming, structuring, and regulating this type of groupings have been analyzed on the basis of experience in the Russian Federation with the corresponding terminology and institutional specificity, albeit the discussion of concrete Russian groups have been evaded. Subject of concrete analysis are the motivation for registering and the procedure for forming official FIGs in Russia, their structure, activity, and prospects for development, as well as possible measures for Government support of FIGs.

JEL-codes: G39 L22 (search for similar items in EconPapers)
Date: 2002
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