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Effects of Post-Privatization Governance and Strategies on Export Intensity in the Former Soviet Union

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Abstract

The fall of the Soviet Union brought new enterprise opportunities whose exploitation required the development of entirely new strategies. Simultaneously, enterprises faced crucial constraints in their governance structures. This paper analyzes the impact of governance structures of privatized firms on one key outcome of new strategies: export intensity. Using a longitudinal, multi-industry dataset of privatized firms in Russia, Ukraine and Belarus, we analyze how export intensity is mediated by strategies involving product development, acquisitions and links with foreign partners.

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*Igor Filatotchev is a reader at Birkbeck College, University of London. His research interests include corporate governance and strategy.

**Natalya Dyomina is a researcher at the University of Nottingham. Her publications relate to corporate governance issues in economies in transition.

***Mike Wright is a professor at the University of Nottingham. He has published extensively on privatization, management buy-outs, entrepreneurship and venture capital.

****Trevor Buck is a professor at the De Montfort University. His research interests are corporate governance, business history and executive compensation.

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Filatotchev, I., Dyomina, N., Wright, M. et al. Effects of Post-Privatization Governance and Strategies on Export Intensity in the Former Soviet Union. J Int Bus Stud 32, 853–871 (2001). https://doi.org/10.1057/palgrave.jibs.8490997

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  • DOI: https://doi.org/10.1057/palgrave.jibs.8490997

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