Legal Development and Privatization in Russia: A Case Study

Abstract

An American attorney and political scientist presents a study focused on managerial efforts to reorganize the corporate structure of a large aviation conglomerate with 14,000 employees. The conversion of properties from state to collective ownership and organizational shifts to a joint-stock company are detailed and analyzed. Managerial strategies to streamline the privatization are traced from corporate documents and procedures designed internally to devise orderly regulations not rooted in parliamentary legislation or presidential decrees. Broader implications are noted in light of possible trends to develop laws at the grassroots level and to establish precedents that may be assimilated. journal of Economic Literature, Classification Numbers: K22, L21, P13, P31.