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The Role of Russian Big Business in Local Development
Abstract:The paper, based in part on field surveys in 2006, examines the role played by large Russian companies in local development, focusing on the operations of SUAL and Severstal' in Northwest Russia. The two companies provide examples of different models of corporate behavior (transnational and paternalist) in the current Russian business environment, reflecting a choice more broadly between neoliberal and corporate-nationalistic versions of Russia's participation in globalization. The author investigates the implications of the different models for the local jurisdictions in which these companies operate. Journal of Economic Literature, Classification Numbers: D21, L20, O18, P20. 2 figures, 1 table, 48 references.
Keywords:Russian economy  corporate behavior  corporate paternalism  corporate social responsibility  oligarchs  Kandalaksha  Kostomuksha  SUAL  Severstal'  Karelia  Murmansk
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