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Complementarities and the managerial challenges of state enterprise restructuring: evidence from two shipyards

Simon Johnson, David Kotchen and Gary W. Loveman

The Economics of Transition, 1996, vol. 4, issue 1, 31-42

Abstract: The authors examine detailed organizational changes in two similar Polish state enterprises over the past five years. Effective restructuring requires a coherent package of complementary change in at least eight aspects of the business. The requirements on management are formidable and suggest that state enterprise restructuring will be more difficult than is widely believed. Copyright 1996 The European Bank for Reconstruction and Development.

Date: 1996
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