Financing Firm Start-up and Restructuring in Transition Countries: Evidence from Belarus, the Ukraine and Russia

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Financing Firm Start-up and Restructuring in Transition Countries: Evidence from Belarus, the Ukraine and Russia

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Valentijn Bilsen
Elena Mitina

Abstract

Investigates how entrepreneurs in Belarus, Russia and Ukraine finance start-up and restructuring. Data from 600 de novo, privatised or state-owned firms shows the critical importance of the personal funds of the main owner(s), with a limited level of support being giving by the state.

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Paper provided by ESRC Centre for Business Research in its series ESRC Centre for Business Research - Working Papers with number wp150.

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Date of creation: Dec 1999
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Handle: RePEc:cbr:cbrwps:wp150

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Find related papers by JEL classification:
P34 - Economic Systems - - Socialist Institutions and Their Transitions - - - Finance
P31 - Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions
M13 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - New Firms; Startups
L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior

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