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 analyzing a comprehensive
database of different Russian companies. The book is a useful tool
for understanding the prospects of future Russian business.
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