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.
In the transition to a market economy, the Russian workforce underwent a wrenching period of change, with excess supply of some industrial skills coexisting with reports of skills shortages by many enterprises. This paper uses data from the Russia Competitiveness and Investment Climate Survey and related local research to gain insights into the changing supply and demand for skills over time, and the potential reasons for reported staffing problems and skills shortages, including labor turnover, compensation policies and the inhibiting effects of labor regulations. It discusses inservice training as an enterprise strategy for meeting staffing and skills needs, and presents evidence on the distribution, intensity and determinants of in-service training in Russia. It investigates the productivity and wage outcomes of in-service training, and the supportive role of training in firms’ research and development (R&D) and innovative activities. A final section concludes with some policy implications of the findings.
What is governmental effectiveness on the regional level? How can the study of regional effectiveness help us understand the performance of the political, social and economic systems of the state as a whole? These questions are very important from both the theoretical and applied perspectives, and the Russian Federation, with its huge and diverse territory, provides extremely rich material to answer them. Serious institutional reforms in the public sector have been implemented in recent years, and the results vary substantially from one region to another. So, in Russia, we can study how general attempts to make government more effective - guided by federal policies - produce particular regional effects, and, conversely, how regions implement federal policy differently. Both views tell us something important about overall governmental quality.
Governmental effectiveness, though in a broad sense one of the oldest issues in political science and philosophy, is currently enjoying a renaissance. The quantity of recent publications and even a special academic structure - The Quality of Government Institute in Sweden – illustrate the current interest. However, researching governmental effectiveness poses serious difficulties, on both the conceptual and instrumental levels. Despite (perhaps even because of) the variety of available theoretical frameworks, the essential core notions of governmental effectiveness and good governance remain murky. Furthermore, scholars disagree about what effectiveness and efficiency mean in a general sense. These issues obviously make it difficult to construct adequate measurement instruments.
The paper seeks to achieve three goals: 1) to review existing approaches and highlight their weak points; 2) to propose a theoretical framework for analyzing governmental effectiveness using appropriate estimation tools; and 3) to present empirical results based on data on public health care from Russia’s regions. Three patterns that ought to correlate - regional efficiency, how reform has been implemented and public opinion – are, instead, inconsistent with each other. Russia’s health-care sector today faces considerable problems with basic, systemic effectiveness.
Up to now, the Russian banking market has not been opened up completely for foreign banks. This refers mainly to the still existing restriction to set up branches in the Russian Federation that will even remain in force after the accession to the WTO. There is a fear by many incumbent Russian banks of being crowded out by foreign banks entering the market with low-interest offers for business and consumer loans. Studies of foreign bank entry in other transitions countries have shown that this fear is reasonable. However, from an economic point of view the entry of foreign banks has increased the overall efficiency of the banking markets in those regions and led to a healthy concentration process. Both effects could also take place on the Russian banking market that is characterised by a comparably low borrowing to the private sector and a very high number of small banks.
This article addresses these questions by reviewing the potential effects of fo-reign bank entry in banking markets of transition countries. This is followed by an analysis of the current situation on the Russian banking market which has some peculiarities in comparison to the banking markets of e.g. former socialist countries in Central and Eastern Europe (CEE). This is mainly due to the size of the country and the existence of large state owned banks which are dominating the market.
The present book is the result of the project International Comparative Study on Education, Career and Migrant Strategies of School Students from Rural Areas in Transition Countries initiated by UNESCO International Research and Training Centre for Rural Education (INRULED) and the Center for Applied Economic Research, National Research University Higher School of Economic (HSE) of Russia in 2010.
DEA-analysis is performed based on publicly available data on 94 world largest fashion retailers. Standard clusterization of coefficients obtained from DEA-analysis gives clusters that are analyzed with respect to homogeneity and fit to the types of strategic behavior outlined in strategic management.
A sustainability perspective is a practical today's goal for collaboration of state, business and society. The special role within this triad belongs to business companies, which integrate the sustainability principles into their strategies to improve organizational processes and long-term growth. Quality management system (QMS) is an important tool to ensure sustainability through business performance. According to the International standard organization survey of QMS, more than 1 million certifications issued in 178 countries by 2010. The position according to which corporate management of sustainability by the help of QMS, which corresponds to international standard ISO 9000 is presented in the paper. The aim of the paper is to examine the factors, which affect organizational decision of the companies in the emerging countries to implement QMS ISO 9000. The impact of internal and external factors which influence managerial decision of QMS implementation is analyzed in the paper. Specifically, the similarities and differences between the motivations of companies from the Commonwealth of Independent States (CIS), new members of the EU countries and countries of the Southern Europe (which aren’t the members of the EU) within the implementation of the QMS ISO 9000, are discussed. The empirical cross-country analysis is based on 2002–2009 data from the Business Environment and Enterprise Performance Survey (BEEPS), conducted by the World Bank and the European Bank for Reconstruction and Development (EBRD). Binary logistic regression was used to analyze the data. The study identifies the role of economic development and institutional environment in the QMS ISO 9000 implementation. There are highlighted three “portraits” of companies, which implemented QMS: (a) from the Commonwealth of Independent States (CIS) countries; (b) from the new EU members countries; (c) from the Southern Europe countries, which aren’t the members of the EU. The results show that QMS ISO 9000 implementation leads to increase of competitive ability and investment attractiveness of the company, to improvement of product quality and stakeholders communications, to human resources development. These business processes improvements, as a QMS implementation result, can potentially activate the company’s sustainable effects and then - national and global sustainability transformations.
The historical changes in Central and Eastern Europe demanded suitable paths for the transition from centrally planned to market based economies. The lack of relevant experience added to the challenge, giving rise to the incalculable risks of implementing untested policies. By focusing on monetary policy, trade, and convergence, this volume addresses some of the most urgent economic policy issues in the transition economies of Central and Eastern Europe and beyond.
In recent decades, increased economic pressure and growing societal expectations have led to the introduction of performance-based funding models for universities. In this respect, a great scholarly attention has paid to how to evaluate universities performance correctly. This allows national governments to design and apply various taxonomies to facilitate the development of efficient programmes for the advancement of higher education. The wide spread approach used for that purpose is DEA. This paper provides a review of different approaches how to take into account universities heterogeneity when applying DEA to construct the typologies of university by showing statistically their similarities and differences. The authors use the modified DEA proposed by Aleskerov & Petrushchenko (2013) to evaluate performance scores of Russian technical universities. This proposed typology divides universities into specific groups with a description taking into account their heterogeneity.
The author analyzes the most widely applied risk management standards in Russia, emphasizing the lack of a clear system for operational risk management. Reviewing the challenges emerging on European markets due to the introduction of the Solvency II directive, he suggests approaches to the solution of possible problems for Russian insurers.
портовый менеджмент, показатели деятельности, анализ эффективности, система учета, распределение издержек, методы анализа деятельности портовой системы
At present many industries reveal tendency for setting up of vertically integrated companies (VIC) the structure of which unites all technological processes. This tendency proved its efficiency in oil industry where coordination of all successive stages of technological process, namely, oil prospecting and production -oil transportation - oil processing - oil chemistry - oil products and oil chemicals marketing, is necessary. The article considers specific features of introduction of "personnel management" module at enterprises of oil and gas industry.
vertically integrated companies; personnel management