Update: Senior Management of Russian Industrial Enterprises

Rostislav Kapelyushnikov and Natalia Demina
Authors registered in the RePEc Author Service: Rostislav Kapeliushnikov ()

Montenegrin Journal of Economics, 2005, vol. 1, issue 1, 67-79

Abstract: In this article is analyzed, descriptive and economic, general institutional tendencies and lawfulness which characterized dynamics of high managers of the Russian industry in the period after privatisation, as concrete impression factors. Russian industry is characterized by paradoxical combination between high participation of the executives from "old"nomenclature and high level of yearly repeated of directorial corps. Insider's belonging reinforce position of higher managers, in contrast to outsider's belongings'. There is converse dependence between frequency of relays of higher managers and results of economic activities of the company by which one they manage. In spite of that slow moving, which interlock expand insider belongs', and many other deviations, the process of selection and affirmation of relatively efficient managers is unstoppable. It contributes to development of Russian system corporative management.

Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:mje:mjejnl:v:1:y:2005:i:1:p:67-79

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