Habibullin R.I. Joint-Stock Companies with
Employees: Current Status and Effectiveness, Problems and Prospects. // Economics of contemporary Russia 2014. №3
(66) С.68-86.
The article presents the results of the author's investigation into the current
state of development of joint-stock companies with employees as shareholders in
Russia. The classification of Russian joint-stock companies with employees as
shareholders according to the industry and regional characteristics is
introduced. The results of comparative analysis of results of activity of
joint-stock companies with employees as shareholders with companies functioning
on the basis of traditional legal models. It has been shown that labor-managed
firms have significant advantages in ensuring socio-economic development than
traditionally managed companies. Also the factors of socio-economic stability
of joint-stock companies with employees as shareholders are discussed, problems
pertaining to their diffusion are reflected and prospects of their development
in our country are indicated.
Keywords: joint-stock companies with employees as shareholders,
efficiency, labor-managed firms, labor collective, modernization,
democratization of property, ESOP, institutional environment.