http://hdl.handle.net/10398/95 2013-05-24T12:44:57Z 2013-05-24T12:44:57Z Eamets, Raul Mygind, Niels Spitsa, Natalia http://hdl.handle.net/10398/7112 2011-09-08T11:43:50Z 2007-01-16T00:00:00Z

Financial Participation of Employees in Estonia Eamets, Raul; Mygind, Niels; Spitsa, Natalia Presently, legal regulation of participation of employees – financial participation as well as participation in decision-making – is not well developed in Estonia. On the one hand, it is due to the fact that no tradition of employee participation could have been formed after Estonia became independent because different, contrary political aims, e.g. development of the free-market economy and promotion of national elites, were given priority. Although employee ownership emerged during the early stage of privatization, it was a temporary phenomenon. Earlier experience with employee participation in decision-making was considered to be a relict from the time under Soviet rule and, therefore, to be discredited and not worth following. On the other hand, the solution of current employment and social problems is not associated with a higher level of participation of employees.

2007-01-16T00:00:00Z Klauberg, Theis Muravska, Tatyana Mygind, Niels Rezepina, Irina http://hdl.handle.net/10398/7114 2011-09-08T11:43:57Z 2007-01-16T00:00:00Z

Financial Participation of Employees in Latvia Klauberg, Theis; Muravska, Tatyana; Mygind, Niels; Rezepina, Irina This report outlines main trends in employees' financial participation in Latvia including historical, socioeconomic and legal background. A special emphasis is placed on privatization during the transition period which shaped an environment for employees’ financial participation and influenced the current state of employee share ownership and profit-sharing. Attitudes of social partners and the government will be addressed. The report will show why the transition process lead to a low level of employees’ financial participation and the indifference and ignorance of policy makers concerning the development of financial participation.

2007-01-16T00:00:00Z Ionascu, Delia Meyer, Klaus E. Estrin, Saul http://hdl.handle.net/10398/7116 2011-09-08T11:44:20Z 2004-12-17T00:00:00Z

Institutional Distance and International Business Strategies in Emerging Economies Ionascu, Delia; Meyer, Klaus E.; Estrin, Saul The concept of ‘distance’ has been used by international business scholars to explain variations in international business strategies and operations across countries. The more distant a host country is from the organizational centre of a multinational enterprise (MNE), the more it has to manage cultural, regulatory and cognitive differences, and to develop appropriate entry strategies, organizational forms, and internal procedures to accommodate these differences. Scholarly research has focused on the concept of psychic distance, which has been narrowed down in empirical work to indices based on Hofstede’s work on culture. However, these measures capture only very partially the dimensions of distance of concern to international business. In this paper, we show how the broader theoretical concept of institutional distance, which incorporates normative, regulatory and cognitive aspects, affects entry strategies. Specifically, our theoretical arguments suggest that the impact of distance varies with different aspects of the concept of institutional distance, and that this impact interacts with both the investor’s experience and with the relative importance of the pertinent operation for the investing MNE. Using a unique dataset of foreign direct investment in emerging economies that incorporates multi-host as well as multi-home countries, we find empirical support for our propositions, and provide an explanation for apparently inconsistent results in the previous literature.

2004-12-17T00:00:00Z Lieb-Doczy, Enese E. Meyer, Klaus E. http://hdl.handle.net/10398/7115 2011-09-08T11:44:12Z 2000-10-25T00:00:00Z

Context sensitivity of post-acquisition restructuring Lieb-Doczy, Enese E.; Meyer, Klaus E.

2000-10-25T00:00:00Z