Oriflame CIS: The Successful Evolution of a Regional Subsidiary’s Mandate

Igor Gurkov

HSE Working papers from National Research University Higher School of Economics

Abstract: What role can collective action by foreign investors play in an environment characterized by incomplete institutions? We study this question by looking on foreign business associations in the Russian Federation. By interviewing 17 foreign business associations and conducting an online survey of their member firms, we find that business associations play an important welfare-enhancing role in providing a series of support and informational services. However, they do not play a significant role in lobbying the collective interests of their member firms, especially in the current political context in Russia where since the start of the Ukraine crisis the business community seems to have suffered a general loss of influence on political decision making

Keywords: multinational corporations; Russia; subsidiary mandate; foreign direct investments (search for similar items in EconPapers)
JEL-codes: D24 F21 F23 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2016
New Economics Papers: this item is included in nep-bec, nep-cdm, nep-cis and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Published in WP BRP Series: Management / MAN, February 2016, pages 1-18

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Persistent link: https://EconPapers.repec.org/RePEc:hig:wpaper:50man2016

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