Observations on the Use of Law by Russian Enterprises

Kathryn Hendley; Barry W. Ickes; Peter Murrell; Randi Ryterman

doi:10.1080/1060586X.1997.10641431

Observations on the Use of Law by Russian Enterprises

Kathryn Hendley, Barry W. Ickes, Peter Murrell, Randi Ryterman

Economics

Research output: Contribution to journal › Article › peer-review

53 Scopus citations

Abstract

Four specialists on the Russian economy analyze the extent to which enterprises use law and legal institutions in structuring exchange relations. The analysis uses the responses from questionnaires administered to sixty officials of fifteen enterprises in Moscow and Yekaterinburg during May-June 1996, supplemented by interviews in enterprises and within arbitrazh courts. Their results indicate that enterprises make little use of law and consider legal institutions to be ineffective. Other than ties based on historic business relations, there is an absence of social and economic networks that might function as substitutes for law. The underdevelopment of institutions to foster impersonal relations between firms slows restructuring and growth. Journal of Economic Literature, Classification Numbers: P51, P11, K1.

Original language	English (US)
Pages (from-to)	19-41
Number of pages	23
Journal	Post-Soviet Affairs
Volume	13
Issue number	1
DOIs	https://doi.org/10.1080/1060586X.1997.10641431
State	Published - Jan 1 1997

All Science Journal Classification (ASJC) codes

Sociology and Political Science
Economics and Econometrics
Political Science and International Relations

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10.1080/1060586X.1997.10641431

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title = "Observations on the Use of Law by Russian Enterprises",

abstract = "Four specialists on the Russian economy analyze the extent to which enterprises use law and legal institutions in structuring exchange relations. The analysis uses the responses from questionnaires administered to sixty officials of fifteen enterprises in Moscow and Yekaterinburg during May-June 1996, supplemented by interviews in enterprises and within arbitrazh courts. Their results indicate that enterprises make little use of law and consider legal institutions to be ineffective. Other than ties based on historic business relations, there is an absence of social and economic networks that might function as substitutes for law. The underdevelopment of institutions to foster impersonal relations between firms slows restructuring and growth. Journal of Economic Literature, Classification Numbers: P51, P11, K1.",

author = "Kathryn Hendley and Ickes, {Barry W.} and Peter Murrell and Randi Ryterman",

note = "Funding Information: 1AssistantProfessor of Political Science and Law, University of Wisconsin-Madison; Professor of Economics, The Pennsylvania State University; Professor of Economics, University of Maryland; and Economist, The World Bank, respectively. The authors thank Liba Brent, Peter Fetzer, Berta Heybey, Marina Lipelis, Michael Morgalla, and Ben Sessions for research assistance, and Robert Thorpe and participants at a University of Wisconsin seminar for insighful comments. Financial support of the National Council for Soviet and East European Research and the World Bank is gratefully acknowledged. The findings, interpretations, and conclusions expressed in this paper are entirely those of the authors. They do not necessarily represent the views of the World Bank, its Executive Directors, or the countries they represent.",

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AU - Hendley, Kathryn

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AU - Ryterman, Randi

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Y1 - 1997/1/1

N2 - Four specialists on the Russian economy analyze the extent to which enterprises use law and legal institutions in structuring exchange relations. The analysis uses the responses from questionnaires administered to sixty officials of fifteen enterprises in Moscow and Yekaterinburg during May-June 1996, supplemented by interviews in enterprises and within arbitrazh courts. Their results indicate that enterprises make little use of law and consider legal institutions to be ineffective. Other than ties based on historic business relations, there is an absence of social and economic networks that might function as substitutes for law. The underdevelopment of institutions to foster impersonal relations between firms slows restructuring and growth. Journal of Economic Literature, Classification Numbers: P51, P11, K1.

AB - Four specialists on the Russian economy analyze the extent to which enterprises use law and legal institutions in structuring exchange relations. The analysis uses the responses from questionnaires administered to sixty officials of fifteen enterprises in Moscow and Yekaterinburg during May-June 1996, supplemented by interviews in enterprises and within arbitrazh courts. Their results indicate that enterprises make little use of law and consider legal institutions to be ineffective. Other than ties based on historic business relations, there is an absence of social and economic networks that might function as substitutes for law. The underdevelopment of institutions to foster impersonal relations between firms slows restructuring and growth. Journal of Economic Literature, Classification Numbers: P51, P11, K1.

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Observations on the Use of Law by Russian Enterprises

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