Building Big Business in Russia

Building Big Business in Russia PDF Author: Yuko Adachi
Publisher: Routledge
ISBN: 1135147116
Category : Business & Economics
Languages : en
Pages : 243

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Book Description
This book examines the development of big business in Russia since the onset of market oriented reform in the early 1990s. It explains how privatized post-Soviet enterprises, many of which made little sense as business units, were transformed into functional firms able to operate in the environment of a market economy. It provides detailed case studies of three key companies – Yukos Oil Company, Siberian (Russian) Aluminium and Norilsk Nickel – all of which played a key role in Russia’s economic recovery after 1998, describing how these companies were created, run and have developed. It shows how Russian businesses during the 1990s routinely relied on practices not entirely compatible with formal rules, in particular in the area of corporate governance. The book fully explores the critical role played by informal corporate governance practices - such as share dilution, transfer pricing, asset stripping, limiting shareholders access to votes, and 'bankruptcy to order’ - as Russian big business developed during the 1990s. Unlike other studies on Russian corporate governance, this book highlights the ambiguous impact of informal corporate governance practices on the companies involved as commercial entities, and suggests that although their use proved costly to Russia’s business reputation, they helped core groups of owners/managers at the time to establish coherent business firms. Overall, the book shows that we cannot understand the nature of current economic changes in Russia without recognising the crucial role played by informal corporate governance practices in the creation and development of big business in post-Soviet Russia.

Building Big Business in Russia

Building Big Business in Russia PDF Author: Yuko Adachi
Publisher: Routledge
ISBN: 1135147116
Category : Business & Economics
Languages : en
Pages : 243

Get Book Here

Book Description
This book examines the development of big business in Russia since the onset of market oriented reform in the early 1990s. It explains how privatized post-Soviet enterprises, many of which made little sense as business units, were transformed into functional firms able to operate in the environment of a market economy. It provides detailed case studies of three key companies – Yukos Oil Company, Siberian (Russian) Aluminium and Norilsk Nickel – all of which played a key role in Russia’s economic recovery after 1998, describing how these companies were created, run and have developed. It shows how Russian businesses during the 1990s routinely relied on practices not entirely compatible with formal rules, in particular in the area of corporate governance. The book fully explores the critical role played by informal corporate governance practices - such as share dilution, transfer pricing, asset stripping, limiting shareholders access to votes, and 'bankruptcy to order’ - as Russian big business developed during the 1990s. Unlike other studies on Russian corporate governance, this book highlights the ambiguous impact of informal corporate governance practices on the companies involved as commercial entities, and suggests that although their use proved costly to Russia’s business reputation, they helped core groups of owners/managers at the time to establish coherent business firms. Overall, the book shows that we cannot understand the nature of current economic changes in Russia without recognising the crucial role played by informal corporate governance practices in the creation and development of big business in post-Soviet Russia.

Big Business In Russia

Big Business In Russia PDF Author: Jonathan A. Grant
Publisher: University of Pittsburgh Pre
ISBN: 0822977311
Category : History
Languages : en
Pages : 212

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Book Description
Jonathan A. Grant has written a highly original study of the Putilov works—the most famous industrial conglomerate in the Russian Empire during the late nineteenth and early twentieth centuries. With the emergence of a capitalist system in the Russian federation in the 1990s, scholarly debate over the nature of Russian capitalism has been revived, and with this study, Grant issues a major challenge to the conventional wisdom on the nature of the Russian economy in the years before the Bolshevik revolution. Grant argues that the Putilov Company, which manufactured arms for the Russian state and a wide range of heavy industrial equipment for civilian use, adopted business practices that resembled the experiences of large machinery and armaments manufacturers in Britain, France, the Austro-Hungarian Empire, and Germany. This interpretation runs directly counter to the traditional and widely held view that Russian capitalism was shaped by the tsarist state's orders and subsidies and that the tsarist system was incompatible with the development of modern capitalism. Grant makes direct comparisons between Putilov and the famous western firm of Krupp and Vickers, illustrating similar business decisions made by both companies in terms of diversification of the product line and a penchant for private (as opposed to state) markets for primary income. Grant has gone beyond Soviet works on the Putilov plant, examining archival documents of the company and offering critical comments on both Soviet and Western scholarship on Russian economic and social history from the perspective of this important industrial enterprise. Grant not only repeatedly demonstrates that the Putilov firm responded effectively to the changing market for its wide range of industrial products but also shows that the tsarist regime provided far more of the "systemic regularity" needed for capitalist development than generally believed. Grant's work is a significant contribution to this ongoing debate, offering a much-needed case study of Russian business history and a comparative study that extends across national boundaries. Big Business in Russia is essential reading for graduate students in Russian and European history and will also appeal to American and European business leaders eager to understand the historical background of the current economic challenges facing Russia.

Ethnic Relations in Post-Soviet Russia

Ethnic Relations in Post-Soviet Russia PDF Author: Andrew Foxall
Publisher: Routledge
ISBN: 1317623533
Category : Social Science
Languages : en
Pages : 203

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Book Description
While the collapse of communism in Russia was relatively peaceful, ethnic relations have been deteriorating since then. This deterioration poses a threat to the functioning of the Russian state and is a major obstacle to its future development. Analysing ethnic relations in the North Caucasus, this book demonstrates how a myriad of processes that characterised post-Soviet transition, including demographic change, economic upheaval, geopolitical instability, and political re-structuring, have affected daily life for citizens. It raises important questions about ethnicity, identity, nationalism, sovereignty, and territoriality in the post-Soviet space.

Russia-China Relations in the Post-Crisis International Order

Russia-China Relations in the Post-Crisis International Order PDF Author: Marcin Kaczmarski
Publisher: Routledge
ISBN: 1317634276
Category : Social Science
Languages : en
Pages : 192

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Book Description
The book explores developments in Russia-China relations in the aftermath of the global economic crisis, arguing that the crisis transformed their bilateral affairs, regional liaisons and, crucially, altered the roles both states play on the international arena. Discussing how Russo-Chinese cooperation has accelerated in energy trade, arms sales and in the Russian Far East, the focus is on how the still mutually advantageous relationship has become more asymmetric than ever, reflecting China’s meteoric rise and Russia’s decline. These dynamics are explored through three perspectives: domestic, regional and global. Domestically, the book traces the role of political coalitions and key interest groups involved in how the two states shape their reciprocal policies. Changes in the regional dimension are examined with particular reference to a new status quo emerging in Central Asia. The book concludes by explaining how the changing relationship is affecting the international order, including the balance of power vis-à-vis the United States as well as Russia and China’s changing attitudes towards global governance.

Television and Presidential Power in Putin’s Russia

Television and Presidential Power in Putin’s Russia PDF Author: Tina Burrett
Publisher: Routledge
ISBN: 1136857567
Category : Biography & Autobiography
Languages : en
Pages : 316

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Book Description
As a new president takes power in Russia, this book provides an analysis of the changing relationship between control of Russian television media and presidential power during the tenure of President Vladimir Putin. It argues that the conflicts within Russia’s political and economic elites, and President Putin’s attempts to rebuild the Russian state after its fragmentation during the Yeltsin administration, are the most significant causes of changes in Russian media. Tina Burrett demonstrates that President Putin sought to increase state control over television as part of a larger programme aimed at strengthening the power of the state and the position of the presidency at its apex, and that such control over the media was instrumental to the success of the president’s wider systemic changes that have redefined the Russian polity. The book also highlights the ways in which oligarchic media owners in Russia used television for their own political purposes, and that media manipulation was not the exclusive preserve of the Kremlin, but a common pattern of behaviour in elite struggles in the post-Soviet era. Basing its analysis predominately on interviews with key players in the Moscow media and political elites, and on secondary sources drawn from the Russian and Western media, the book examines broad themes that have been the subject of constant media interest, and have relevance beyond the confines of Russian politics.

The Politics of HIV/AIDS in Russia

The Politics of HIV/AIDS in Russia PDF Author: Ulla Pape
Publisher: Routledge
ISBN: 1134596499
Category : Social Science
Languages : en
Pages : 305

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Book Description
This book studies the role of civil society organisations in the fight against HIV/AIDS in Russia. It looks at how Russia’s HIV/AIDS epidemic has developed into a serious social, economic and political problem, and how according to the United Nations Programme on HIV/AIDS (UNAIDS), Russia is currently facing the biggest HIV/AIDS epidemic in all of Europe with an estimated number of 980,000 people living with HIV in 2009. The book investigates civil society organisations’ contribution to social change and civil society development in post-Soviet Russia, and thus situates a specific type of civil society actors into a broader socio-political context and questions their ability to represent civic interests, particularly in the field of social policy-making and health. This allows for a better understanding of the dynamics of state-society relations in present-day Russia, and gives insight into the ways HIV/AIDS NGOs in Russia have used transnational ties in order to exert influence on domestic policy-making in the field of HIV/AIDS.

The Radical Right in Late Imperial Russia

The Radical Right in Late Imperial Russia PDF Author: George Gilbert
Publisher: Routledge
ISBN: 1317373030
Category : Social Science
Languages : en
Pages : 283

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Book Description
The revolutionary movements in late tsarist Russia inspired a reaction by groups on the right. Although these groups were ostensibly defending the status quo, they were in fact, as this book argues, very radical in many ways. This book discusses these radical rightist groups, showing how they developed considerable popular appeal across the whole Russian Empire, securing support from a wide cross-section of society. The book considers the nature and organisation of the groups, their ideologies and polices on particular issues and how they changed over time. The book concludes by examining how and why the groups lost momentum and support in the years immediately before the First World War, and briefly explores how far present day rightist groups in Russia are connected to this earlier movement.

The Decline of Regionalism in Putin's Russia

The Decline of Regionalism in Putin's Russia PDF Author: J. Paul Goode
Publisher: Routledge
ISBN: 1136720731
Category : History
Languages : en
Pages : 241

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Book Description
This book reassesses the process whereby after 2000 Putin reversed the process by which in the 1990s power had shifted from Moscow to the regions. It focuses on the dynamics of regional boundaries: juridical boundaries, which defined a region's territorial extent and thereby its resources; institutional boundaries that sustained regional differences; and cultural boundaries that defined the ethnic or technocratic principles on which a region could claim legitimate existence.

Political and Economic Transition in Russia

Political and Economic Transition in Russia PDF Author: Ararat L. Osipian
Publisher: Springer
ISBN: 3030038319
Category : Political Science
Languages : en
Pages : 221

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Book Description
This book analyzes privatization reforms, property rights, and raiders in post-Soviet Russia. The author surveys the existing literature in the context of predatory raiding in Russia and introduces the notion and concept of this phenomena; he suggests that the study may serve as an explanatory model for corporate, property, and land raiding in Russia. Building on previous scholarship, this monograph conceptualizes the predatory character of corporate hostile takeovers in Russia and links it with the coercive nature of the ruling authoritarian regime. This project will appeal to scholars, graduate students, and researchers in Russian and Post-Soviet politics, capitalism, corruption, and property rights.

Disease, Health Care and Government in Late Imperial Russia

Disease, Health Care and Government in Late Imperial Russia PDF Author: Charlotte E. Henze
Publisher: Routledge
ISBN: 1136847065
Category : History
Languages : en
Pages : 245

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Book Description
This book addresses fundamental issues about the last decades of Tsarist Russia, exploring the social, economic and political impact of successive outbreaks of cholera and the politics of public health policy. It makes a significant contribution to current debates about how far and how successfully modernisation was being implemented by the Tsarist regime.