1st Edition

Business in Post-Communist Russia
Privatisation and the Limits of Transformation

ISBN 9781138182967
Published October 12, 2015 by Routledge
242 Pages 72 B/W Illustrations

USD $49.95

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Book Description

It is a widely held idea that Russia has completed its revolution which brought down the Soviet economy, and that many companies after privatisation work as typical western companies. Another belief is that Russia has adopted a market economy but then reverted to authoritarianism. With these two ideas in mind, this book discusses the suggestion that the key element of post-Soviet economic and political reforms in the last two decades was the redistribution of assets from the state to oligarchs and the new elite. It looks at why most Russian companies could not achieve strong long–run corporate performance by analysing in detail a range of different Russian companies. The book is a useful tool for understanding the future prospects for Russian business.

Table of Contents

Introduction  1. Russian Revolution or Redistribution of Rights  2. Winners and Losers in the Privatisation Game  3. How Successful are Russian Companies?  4. Getting into Russian Firms  5. Avtoelektronika  6. Avtovaz  7. Kondrovo Paper Company  8. Norilsk Nickel  9. Arkhangelsk Pulp and Paper Mill  10. What Can we Learn about Russian Firms: Success and Failures  11. Can Russian Oligarchs Survive the Global Crisis  12. Conclusion: What will Russia do?  Afterword

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Mikhail Glazunov has a PhD from the Business School at the University of Hertfordshire, UK.