The state and company management in Belarus

Danilovich, Hanna ORCID: https://orcid.org/0000-0002-9911-1290 and Croucher, Richard ORCID: https://orcid.org/0000-0002-9617-734X (2018) The state and company management in Belarus. In: Comparative capitalism and the transitional periphery: firm centred perspectives. Demirbag, Mehmet and Wood, Geoffrey, eds. New horizons in international business . Edward Elgar, Cheltenham, UK, pp. 187-208. ISBN 9781786430885. [Book Section] (doi:10.4337/9781786430892.00016)

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Abstract

The chapter analyses changes in the level of decision-making autonomy of state-controlled and private companies operating in Belarus under the conditions of increasing institutional concentration. We find that the excessive regulatory burden still allows for some enterprise-level autonomy in investment decisions, particularly for private companies, while state-controlled companies have to resort to using their informal connections to secure the ability to operate semi-autonomously. The findings thus challenge the thesis on extreme rigidity of Belarusian regulatory system and shed light on certain management practices at the company level.

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