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The Emergence of Russian Corporations: From the Soviet Enterprise to a Market Firm

Tatiana Dolgopyatova (), Ichiro Iwasaki and Andrei A. Yakovlev
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Andrei A. Yakovlev: State University — Higher School of Economics

Chapter 1 in Organization and Development of Russian Business, 2009, pp 12-35 from Palgrave Macmillan

Abstract: Abstract In this chapter, the evolution of an enterprise model in the Russian economy is examined using two key events that predetermined major changes in enterprise behavior as division lines. The first was the disintegration of the Soviet Union, the swift dismantling of central planning, and the shock therapy of price liberalization in 1991–1992. The second event was the financial crisis of August 1998 and the political crisis that followed, which served as starting points for radical improvement in macroeconomic policy and strengthening of the role of the state.

Keywords: Corporate Governance; Socialist Enterprise; Minority Shareholder; State Capture; Liquid Asset (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-24949-3_2

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DOI: 10.1057/9780230249493_2

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