... Organization and Development of Russian Business A Firm-Level Analysis Edited by Tatiana Dolgopyatova, Ichiro Iwasaki, and Andrei A Yakovlev 9780230_217287_01_ e dd 5/20/2009 4:56:27 PM Selection and ... above companies and has companies and representatives throughout the world Palgrave® and Macmillan® are registered trademarks in the United States, the United Kingdom, Europe and other countries ... Organization and development of Russian business : a firm-level analysis / edited by Tatiana Dolgopyatova, Ichiro Iwasaki, and Andrei A Yakovlev p cm Includes bibliographical references and index...
... and trade liberalization, B: Privatization and bankruptcy measures, C: Organization and corporate governance reform, D: Competition and industrial policies, E: Financial and monetary reform and ... income and never touched upon the issues of industrial organization andplanning In general, a planned economy used quite different criteria for the assessment of enterprise performance and incentive ... including Andrei Shleifer, Gerard Roland, and Josef Stiglitz Finally, after 1998, the specific features of the transition firm started to erode and, the patterns became more in agreement with the standard...
... non-transparency and complexity of ownership rights and the concealment of true owners behind a multilevel chain (5–8 levels) of affiliated individuals and companies, offshore firms, nominal holders, and ... remain directly or indirectly controlled by the state, and mid-sized firms, by the standards of the global market, will be more independent and open to foreign participation (Yakovlev & Danilov ... items, and, by the end of the 1970s, plans on the level of USSR ministries had about 60,000 items On the other hand, in China, in 1957, the plan of the central government included 532 items, and, ...
... independent directors and minority shareholders held 11% (Table 2.7) As the ownership concentration increased, the shares of managers and rank -and- file employees declined, and those of representatives ... thank Svetlana Avdasheva, Ichiro Iwasaki, Xavier Richet, Andrei Shastitko, and Yurii Simachyev for their useful comments and suggestions and Olga Uvarova for her assistance in data processing Notes ... to 30 in Nevada and Delaware and to 50 in Georgia and Wisconsin), as in Russia.3 This suggests that the Russian company law had broken away from the tradition of continental law and boldly incorporated...
... (1983a) Separation and ownership and control, Journal of Law and Economics, 26: 301–326 Fama, E F & Jensen, M C (1983b) Agency problems and residual claims, Journal of Law and Economics, 26: ... costs and institutions in the European trucking industry, Industrial and Corporate Change, 13: 867–882 Bauman, J D., Palmiter, A R., & Partnoy, F (2007) Corporations Law and Policy: Materials and ... Maddala (1983), Newey (1987), and Rivers & Vuong (1988) 17 The correlation coefficients for CLOCOM and each of the newly introduced variables range between Ϫ0.032 and 0.019 and are statistically insignificant...
... are positively associated, and the correlation between the board size and the proportion of outsider directors and that between the proportion of outsider directors and the outsideness of chairman ... those by Perotti and Gelfer (2001) and Guriev and Rachinsky (2005), empirically confirmed that affiliation with a business group helped a company improve its managerial discipline and promote its ... the political background behind a company’s foundation; and (c) company size First, according to Hermalin and Weisbach (1988) and Baker and Gompers (2003), a company in the US with a soon-to-retire...
... productivity and other control variables, including ownership structure, board composition, and company size, and he found a statistically robust relationship between past performance and turnover ... determination (R2) and selection of control variables and by considering the simultaneous equation bias, among other factors This table confirms the reversed relationship between insiders and outsiders ... 2003a), and the second is that the frequency of insider CEO succession is positively correlated with shareholding by insiders and the federal government, while the presence of outside investors and...
... ownership and management Figure 7.1 Links between ownership and management in integrated and independent companies Notes: M&D_S stands for JSCs where large shareholders are managers and the CEO ... companies, one, independent businesses, which are stand-alone entities and parent companies of holdings, and the second, business divisions, which are the rankand-file entities of a company group The second ... of some managerial issues to hired managers, and, in particular, production and operational issues and some strategic issues related to logistics and marketing Separation contributed to a more...
... 3:51:16 PM 198 Organization and Development of Russian Business Fuel and energy Metallurgy Machine building and metal working Chemicals and petrochemicals Wood, paper, and wood products Light industry ... town, and village) However, the situation is not exactly straightforward On the one hand, a more important status and population will offer a wider choice of labor, while, on the other hand, small ... Sugiura, and Andrei Yakovlev, as well as to Bruno Dallago, John Litwack, and other participants in the ninth EACES conference in Brighton, UK, in September 2006, for their comments and suggestions...
... 2000 and 2004, rates of wage increase during the same period, rates of increase in the number of employees between 2001 and 2005, and the prevailing economic and financial conditions extracted and ... in total EXFIN SBER MBNK LOBNK Other EXFIN Fuel and energy Metallurgy Machinery and metal processing Chamical and medicinal drugs Wood, paper, and wood processing Light industries Food processing ... on the demand for law and that preferences were being expressed to conduct business in a legal and civilized manner (Razvitie Sprosa 2003; Yakovlev et al 2006) One indicator of this demand is membership...
... evaluating corruption, an assessment of joining economic and political elites and corruption scandals was made; when evaluating an open/closed type of political life, transparency and the degree of involvement ... estimation (insignificant potential and moderate risk as a basic category) High potential and moderate risk (= 1) Medium potential and moderate risk (= 1) Reduced potential and moderate risk (= 1) Industry ... 5:38:14 PM 276 Organization and Development of Russian Business Table 11.7 Utility of business associations and their contribution to the establishment of standards and rules of conduct of business,...
... governmental stake] [1 = fuel and energy] [2 = iron and steel and non-ferrous metals] [9 = telecommunications] [4 = chemicals and petrochemicals] [5 = timber, woodworking, and pulp -and- paper industry] ... [POLCON = high] [1 = fuel and energy] [2 = iron and steel and non-ferrous metals] [9 = telecommunications] [4 = chemicals and petrochemicals] [5 = timber, woodworking, and pulp -and- paper industry] ... 1999) In Central and Eastern Europe, privatization has usually improved the performance of firms (Pohl et al 1997) However, Poland in the early 1990s and especially China in the 1980s and early 1990s...
... interests and behavior of strategic and portfolio investors, minority shareholders, banks and pension funds, and participants of securities markets, including auditors, stock exchanges, and brokerages, ... Sector and industry 9780230_217287_16_a Food industry Light industry Construction materials Wood, paper, and wood products Chemical and petrochemical Machinery and metal working Metallurgy Fuel and ... branches of the Russian industry: (a) fuel and energy, (b) metallurgy, (c) machinery and metal working, (d) chemicals and petrochemicals, (e) wood, paper, and wood products, (f) light industry, (g)...
... such as transportation and marketing procedures • Assessment of price and availability of materials required for fermentation boxes, solar driers and solar hot houses • Assessment of most suitable ... allocated to cocoa and therefore had no room for expansion Farmers 51, 54, 55 & 56 had between 33% and 60% (table 1) of their land allocated to cocoa and therefore could expand production if they ... Sustainable Cocoa Development Program is thanked for her assistance and advice and organising fermentation and drying trials in Ben Tre and at Nong lam University Success Alliance is also thanked for...
... manipulations and drying procedures These results have been reported in milestone reports five and seven • Design, installation and advice for the use of farmer appropriate drying and fermentation ... therefore have the training and equipment to conduct taste panels, cocoa sensory analysis and biometry procedures • Analysis of on-farm trials in Ben Tre, Western Highlands and SUCCESS Alliance sites, ... fermentation and drying They have got an increased capacity for processing crop and have reported reductions in drying times and associated labour of 1-2 days in the dry season and 2-4 days in...
... of an assessment Categories may include undeveloped land, resi‑ dential property, commercial property, and industrial property On the other hand, incongruous notions that undeveloped land must ... Resources Threatened and endangered species Critical and unique habitats Buildings/structures of historic value Archaeological resources Wetlands Wild and scenic rivers Coastal dunes and beaches Various ... (the Rule), an assessment should include at least: (1) a records review; (2) a site and area reconnais‑ sance; and (3) interviews The Rule does not detail how to go about it It only mandates what...
... rivers, ponds, creek beds, and streams Lakes and rivers may be located on the soil survey maps and other maps of the area (e.g., street and topographic maps) Ponds, creek beds, and streams are sometimes ... Site Assessment Phase I de‑icing salt for roads, animal feedlots, fertilizers and pesticides, sumps and dry wells, and agricultural drainage holes Contamination may migrate from municipal landfills, ... tracks and roads, illegal dumping of waste, and streams containing hazardous substances Improper closure, or discontinued use and abandonment, of under ground storage tanks, water wells, and/ or...
... the destruction of aquatic habi‑ tat and to the contamination of groundwater and drinking water sources Solid Waste and Landfill Facilities Solid waste and landfill facilities within proximity ... has a defined form and structure, it is man-made Form and structure includes straight lines, circles, and order Roads, buildings, and plowed fields have well‑defined form and structure Unless ... are three classes of landfill sites that handle hazardous materials: Class I, Class II, and Class III A Class I landfill manages extremely hazard‑ ous materials Type of soil and opportunity for...
... interview than that recommended in the Standard The Rule mandates: • Interviewing the current owner and occupants of the property • Interviewing the past owner and occupants • Interviewing neighboring ... property And the list goes on Summary Interviews are an important part of the Phase I site assessment Questions develop as an assessment nears completion Keep a list of these questions, and consoli‑ ... these efforts to that which is mandated or recommended The Rule mandates interviewing neighboring or nearby property owners or occupants only if the property has been abandoned It would be well advised,...