Insider Privatization and Careers: A Study of a Russian Firm in Transition
In: The Analysis of Firms and Employees: Quantitative and Qualitative Approaches
AbstractWe study how transition has affected human resource policies of a Russian heavy industry firm. Our data set contains personnel files of 1538 white-collar workers over 17 years: from 1984 to 2000. We find career paths before the first year of Gaidar's reforms, 1992, when Russian transition to a market economy began. After 1992, promotions are blocked, because both (i) more managers are hired from the outside, and (ii) fewer managers leave the firm. A possible reason is an extremely weak outsider property rights enforcement in Russia. Keywords: institutional environment and internal labor market, transition to a market economy.
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- Guido Friebel & Elena Panova, 2007. "Insider Privatization and Careers - A Study of a Russian Firm in Transition," NBER Working Papers 12998, National Bureau of Economic Research, Inc.
- M5 - Business Administration and Business Economics; Marketing; Accounting - - Personnel Economics
- P3 - Economic Systems - - Socialist Institutions and Their Transitions
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