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Politicized Managerial Capitalism: Enterprise Structures In Post-Socialist Central And Eastern Europe

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  • RODERICK MARTIN
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    Abstract

    The paper contributes to the sociological tradition of comparative institutional analysis. It argues that a distinctive form of capitalism is emerging in post 1989 Central and Eastern Europe, politicized managerial capitalism. This is a bifurcated system, one sub-system internationally oriented, a still peripheral but increasingly integrated part of global capitalism, and a second sub-system, more nationally oriented, dominated by managerial élites allied with weak states. Politicized managerial capitalism is founded upon the inherited practices of late Socialism, moulded by the post Socialist development process and congruent with the stage of development of capital, labour and product markets. It is unclear as to whether this is a transient or long-term structure. Copyright 2002 Blackwell Publishers Ltd..

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    Bibliographic Info

    Article provided by Wiley Blackwell in its journal Journal of Management Studies.

    Volume (Year): 39 (2002)
    Issue (Month): 6 (09)
    Pages: 823-839

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    Handle: RePEc:bla:jomstd:v:39:y:2002:i:6:p:823-839

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    1. Rein,Martin & Friedman,Barry L. & Wörgötter,Andreas (ed.), 1997. "Enterprise and Social Benefits after Communism," Cambridge Books, Cambridge University Press, number 9780521584036.
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    Cited by:
    1. Bruno Grancelli, 2012. "Bastions Of Irrational Conservatism? Shop-Floor Accounts And The Co-Evolution Of Organizational And Institutional Change In Russia," Organizations and Markets in Emerging Economies, Faculty of Economics, Vilnius University, vol. 3(2).
    2. Son Le & Mark Kroll & Bruce Walters, 2010. "The impact of institutional changes on corporate governance mechanisms in transition economies," Journal of Management and Governance, Springer, vol. 14(2), pages 91-114, May.

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