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Non-wage benefits, corporate ownership and firm performance in post-communist economies: evidence from Ukraine

Author

Listed:
  • Marco Michelotti

    (ESC [Rennes] - ESC Rennes School of Business)

  • Andrea Vocino
  • Peter Gahan
  • Julia Roloff

    (ESC [Rennes] - ESC Rennes School of Business)

Abstract

The economic reforms in the transition economies of Central and Eastern Europe have fundamentally reshaped ownership and governance of economic production, notably through the privatization of former state-owned enterprises. These reforms were expected to transform management practices by displacing ‘cradle-to-grave' welfare arrangements administered by state-owned enterprises. Using data drawn from two large samples of Ukrainian establishments, we investigate, in two different time points, the relationship between non-wage benefits and firm performance during the period of transition to a market economy (1994–2004). We found that non-wage benefits continued to be a critical feature of HRM practices in Ukraine during this period, and were positively associated with firm performance.

Suggested Citation

  • Marco Michelotti & Andrea Vocino & Peter Gahan & Julia Roloff, 2016. "Non-wage benefits, corporate ownership and firm performance in post-communist economies: evidence from Ukraine," Post-Print hal-02002110, HAL.
  • Handle: RePEc:hal:journl:hal-02002110
    DOI: 10.1080/09585192.2016.1139617
    as

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