Date of this Version

July 2005

Document Type

Journal Article


[Extract] The transitional period from socialism to capitalism in Russia gave birth to business enterprises with different organisational forms. These included partnerships, private and limited liability companies, closed and public joint-stock companies and joint ventures. Soon, we will see the completion of this period of formation and the concomitant accumulation of capital, which has been characterised by legally disputable privatisation of state property and its further redistribution. All this process in the Russian economy led to the foundation of huge corporations - strong financial and production groups of companies and holdings with high levels of capitalisation, which control the main fields of industry.



This document has been peer reviewed.