Russia and other countries in the commonwealth of independent states that have implemented voucher privatization programs have to account for the puzzling behavior of insiders manager-owners-who, in stripping assets from the firms they own, appear to be stealing from one pocket to fill the other. This article suggests that asset stripping and the absence of restructuring result from interactions between insiders and subnational governments in a particular...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2001/01/01
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Журнальная статья
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76662
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1
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1
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2013/04/17
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Disclosed
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The politics of Russian enterprise reform : insiders, local governments, and the obstacles to restructuring
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protection property right
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