Annotation Over the last decade, more than one hundred fifty thousand large enterprises in twenty seven transition countries have encountered revolutionary changes in every aspect of their political and economic environments. Some enterprises have responded to the challenge, entering world markets with great dynamism and becoming indistinguishable from their competitors in mature market economies. Others remain mired in their past, undergoing protracted deaths, delayed at times by their slippage into a netherworld of barter and ersatz money. Thus the revolutionary changes in transition countries have been matched by great variation in the degree to which enterprises have responded successfully to events. To assess the effectiveness of the different reform and privatization strategies, empirical research on transition countries has examined enterprise level data to ascertain whether enterprises have responded productively to changes in ownership and to other reform measures. This volume provides a general assessment of the evidence generated by these studies. In providing the assessment, it: discusses the general context of the studies; assesses the evidence on whether state-owned or privatized firms undertake more economic restructuring; studies the effects of restructuring on different types of owners; focuses on the role of managers; analyzes the effect of greater discipline in the government's reaction to enterprises in distress; examines how variations in product market competition affect enterprise restructuring; and examines the role of the institutional and legal framework. This publication will be of interest to policy makers and readers interested in gaining an overview of the current state of the evidence

lgrsnf/D:\!genesis\library.nu\2b\_22191.2b40c4397f11ca6bbf890c0ec1da2215.pdf

nexusstc/The Determinants of Enterprise Restructuring in Transition: An Assessment of the Evidence/2b40c4397f11ca6bbf890c0ec1da2215.pdf

zlib/Computers/Information Systems/Simeon Djankov, Peter Murrell/The Determinants of Enterprise Restructuring in Transition: An Assessment of the Evidence_980855.pdf

Djankov, Simeon

World Bank Publications

Ebsco Publishing

A World free of poverty, Washington, Unknown, 2000

World Bank e-Library, Washington, DC, 2000

United States, United States of America

до 2011-01

lg556513

{"isbns":["0585415161","0821348159","9780585415161","9780821348154"],"last_page":48,"publisher":"The World Bank"}

Includes bibliographical references (p. 27-28).

На обл. авт. не указаны
Библиогр.: с. 27-28

РГБ

Russian State Library [rgb] MARC:
=001 000365309
=003 RuMoRGB
=005 20011113120000.0
=008 001102s2000\\\\xx\||||\\\\\\\|00\u\eng\d
=017 \\ $a И11019-X-00 $b РГБ
=020 \\ $a 0-8213-4815-9
=035 \\ $a (RuMoRGB)CURIK-0028321
=040 \\ $a RuMoRGB $b rus $c RuMoRGB
=041 0\ $a eng
=084 \\ $a У629,0 $2 rubbk
=100 1\ $a Djankov, Simeon
=242 00 $a Стратегия реструктуризации предприятий в бывших социалистических странах
=245 10 $a The determinants of enterprise restructuring in transition: an assessment of the evidence / $c Simeon Djankov a. Peter Murrell
=260 \\ $a Washington $b World bank $c 2000
=300 \\ $a IV, 28 с. $b ил. $c 28 см
=440 \0 $a A World free of poverty
=500 \\ $a На обл. авт. не указаны
=504 \\ $a Библиогр.: с. 27-28
=650 \7 $a Экономика -- Предприятие -- Реструктуризация $2 rubbk
=700 1\ $a Murrell, Peter
=852 \\ $a РГБ $b FB $j ООН 40/369 $x 80
=852 \\ $a РГБ $b OFN $x 81

The most intensive area of empirical research on transition countries has been the examination of enterprise-level data to ascertain whether enterprises have responded productively to changes in ownership. The authors identify more than 125 empirical studies that examine the determinants of enterprise restructuring using sound methodologies applied to data generated at the enterprise level. This report provides an overall assessment of the evidence generated by these studies. The authors adopt a relatively informal approach to presenting statistical results. The report is presented as follows: Section 2 discusses the general context of the studies included in the assessment and defines terms used throughout the report. Section 3 assesses the evidence on whether state-owned or privatized firms undertake more economic restructuring. Section 4 studies the effects of restructuring of different types of owners (such as foreigners or workers). Section 5 focuses on the role of managers, analyzing whether the strengthening of managerial incentives is sufficient to produce turnaround or whether management turnover is required. Section 6 analyzes the effect of greater discipline in the government's reaction to enterprises in distress (usually referred to as the hardening of soft-budget restraints). Section 7 examines how variations in product market competition affect enterprise restructuring. Section 8 examines the role of the institutional and legal framework. Section 9 is a summary

2011-06-04