Law, Relationship, and Private Enforcement: Transactional Strategies of Russian Enterprise
AbstractWe examine how Russian enterprises do business with one another, focusing on the strategies used to obtain efficiency and predictability in their transactions. Using survey data, the paper analyzes the relative importance of relational contracting, self-enforcement, enterprise networks, private security firms, administrative institutions, and courts. Enterprise-to-enterprise negotiations are preferred, but courts are used when disputes resist resolution through negotiation. Consistently, little evidence suggests enterprises resort to private enforcement, indicating overstatement in the supposed connection between weakness in law and the mafia's rise. Legacies of the old administrative enforcement mechanisms are few, although enterprise networks from Soviet days remain resilient.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by William Davidson Institute at the University of Michigan in its series William Davidson Institute Working Papers Series with number 72.
Date of creation: 01 Nov 1998
Date of revision:
Contact details of provider:
Postal: 724 E. University Ave, Wyly Hall 1st Flr, Ann Arbor MI 48109
Phone: 734 763-5020
Fax: 734 763 5850
Web page: http://www.wdi.umich.edu
More information through EDIRC
law; contracts; transactions; contract governance; Russia; Transition;
Other versions of this item:
- Kathryn Hendley & Peter Murrell & Randi Ryterman, 1998. "Law, Relationships, and Private Enforcement: Transactional Strategies of Russian Enterprises," Electronic Working Papers 98-001, University of Maryland, Department of Economics.
- K12 - Law and Economics - - Basic Areas of Law - - - Contract Law
- L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
- K40 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - General
- P50 - Economic Systems - - Comparative Economic Systems - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2002-04-03 (All new papers)
- NEP-LAW-2002-04-03 (Law & Economics)
- NEP-REG-2002-04-03 (Regulation)
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Berulava, George, 2013. "Do Trust-Based Relations Improve Firm’s Performance? Evidence from Transition Economies," MPRA Paper 48430, University Library of Munich, Germany.
- Konstantin Sonin, 2002.
"Why the Rich May Favor Poor Protection of Property Rights,"
William Davidson Institute Working Papers Series
544, William Davidson Institute at the University of Michigan.
- Sonin, Konstantin, 2003. "Why the rich may favor poor protection of property rights," Journal of Comparative Economics, Elsevier, vol. 31(4), pages 715-731, December.
- Konstantin Sonin, 2003. "Why the Rich May Favor Poor Protection of Property Rights," Working Papers w0022, Center for Economic and Financial Research (CEFIR).
- Beckmann, Volker & Boger, Silke, 2003.
"Courts And Contract Enforcement In Transition Agriculture: Theory And Evidence From Poland,"
2003 Annual Meeting, August 16-22, 2003, Durban, South Africa
25878, International Association of Agricultural Economists.
- Beckmann, Volker & Boger, Silke, 2004. "Courts and contract enforcement in transition agriculture: theory and evidence from Poland," Agricultural Economics, Blackwell, vol. 31(2-3), pages 251-263, December.
- Johannes Sauer & Matthew Gorton & John White, 2012.
"Marketing, cooperatives and price heterogeneity: evidence from the CIS dairy sector,"
International Association of Agricultural Economists, vol. 43(2), pages 165-177, 03.
- Sauer, Johannes & Gorton, Matthew & White, John, 2011. "Marketing, Co-operatives and Price Heterogeneity: Evidence from the CIS Dairy Sector," 85th Annual Conference, April 18-20, 2011, Warwick University, Coventry, UK 108938, Agricultural Economics Society.
- Sauer, Johannes & Gorton, Matthew & White, John, 2011. "Marketing, Cooperatives and Price Heterogeneity: Evidence from the CIS Dairy Sector," 51st Annual Conference, Halle, Germany, September 28-30, 2011 114489, German Association of Agricultural Economists (GEWISOLA).
- Sauer, Johannes & Gorton, Matthew & White, John, 2011. "Marketing, cooperatives and price heterogeneity: evidence from the CIS dairy sector," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 103722, Agricultural and Applied Economics Association.
- Fafchamps, Marcel & Minten, Bart, 1999.
"Property rights in a flea market economy,"
MTID discussion papers
27, International Food Policy Research Institute (IFPRI).
- Marcel Fafchamps & Bart Minten, 1999. "Property rights in a flea market economy," Economics Series Working Papers WPS/1999-25, University of Oxford, Department of Economics.
- Marcel Fafchamps & Bart Minten, 1999. "Property rights in a flea market economy," CSAE Working Paper Series 1999-25, Centre for the Study of African Economies, University of Oxford.
- Pyle, William, 2003. "Reputation flows: Contractual disputes and the channels for inter-firm communication," ZEI Working Papers B 21-2003, ZEI - Center for European Integration Studies, University of Bonn.
- Beckmann, Volker & Boger, Silke, 2003. "Courts And Contract Enforcement In Agricultural Transition - Theory And Evidence From Poland," 2003 Annual meeting, July 27-30, Montreal, Canada 22213, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Martha de Melo & Gur Ofer & Plamen Yossifov, 2003. "Transition in Regional Capitals along the Volga," Public Economics 0302010, EconWPA.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Laurie Gendron).
If references are entirely missing, you can add them using this form.