Protection or Repression: The Impact of Judiciary Behavior on SME Development in Russia

Vladimir Kozlov and Alexander Libman ()
Additional contact information
Vladimir Kozlov: National Research University Higher School of Economics
Alexander Libman: Frankfurt School of Finance & Management

International Journal of Entrepreneurial Knowledge, 2014, vol. 2, issue 1, 14-27

Abstract: The paper investigates the role of judiciary behavior in the development of SMEs in Russian regions. Specifically, it looks at how repressive Russian courts are in punishing economic crime. Repressiveness of courts can be both an obstacle of business development (if it serves the predatory behavior of bureaucrats) and a factor improving the environment for business (if it reduces risks of illicit behavior on the side of SMEs’ counterparts). Utilizing the differences in court repressiveness and SME development across Russian regions, we show that court behavior indeed affects the development of SMEs, at least as captured by the official statistics. For small business in the area of trade, higher repressiveness of courts in the matters of fraud seems to encourage business development, while repressiveness in corruption and illicit entrepreneurship has a negative effect.

Keywords: small business; judicial behavior; Russian regions (search for similar items in EconPapers)
JEL-codes: K14 L26 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://ijek.org/files/IJEK_1-2014v2/ijek_1-2014,v.2_kozlov,v.libman,a..pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jek:journl:v:2:y:2014:i:1:p:14-27

Access Statistics for this article

International Journal of Entrepreneurial Knowledge is currently edited by Aleksandr Kljucnikov

More articles in International Journal of Entrepreneurial Knowledge from Center for International Scientific Research of VSO and VSPP Contact information at EDIRC.
Bibliographic data for series maintained by Aleksandr Kljucnikov ().