Performance of Privatized Companies in Early Transition: Russian Cases
The paper demonstrates the applicability of Data Envelopment Analysis (DEA) and its supplementation by other methods, to an efficiency analysis of the post-liberalization recovery among a small selection of privatized companies in Russia. The twenty privatized companies studied share the same setting. The analysis groups them into better performing and less performing companies. Opinion surveys of business managers, with a view to identifying bottlenecks in production and marketing, and the impact of organizational development on enterprise behavior, are examined for the individual companies and for their aggregation in the two DEA groups.