The state and company management in Belarus

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.

This is a draft chapter. The final version is available in "Comparative capitalism and the transitional periphery: firm centred perspectives" edited by Mehmet Demirbag and Geoffrey Wood, published in 2018, Edward Elgar Publishing Ltd https://doi.org/10.4337/9781786430892.00016
The material cannot be used for any other purpose without further permission of the publisher, and is for private use only.