Article Abstract:
Russian company legislation involves a major change in legislation style and underlying economic policy. New Institutional Economics can provide insights in understanding these changes, and informed the legislation.
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Article Abstract:
Russia suffers from rampant corruption, and little respect for rule of law, and economic outcomes have not been satisfactory. This context means that the impact of company law is likely to be undermined.
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Article Abstract:
Russian Company Acts offer an opportunity to assess whether economic reform is best carried out in a gradual or rapid way, and whether a new institutional approach is effective. These issues are not addressed sufficiently by Schanze.
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