Case Study of YUKOS
Document Type
Book Chapter
Source of Publication
The Rise and Fall of Privatization in the Russian Oil Industry
Publication Date
1-1-2008
Abstract
Accounts of the rise and fall of YUKOS typically begin with the collateral auction of December 1995, and the subsequent sale of these shares together with an investment tender a year later, which gave Khodorkovskiy's Menatep group control of over 85% of YUKOS's shares.1 However, this focus on Khodorkovskiy mistakenly ignores the significance of the preceding years when YUKOS was founded and corporatized. During this time, the key roles were played by former members of the nomenklatura, whose ability to shape the development of YUKOS was a result of institutional legacies and incentives, as well as of personal choices and preferences. In contrast, Khodorkovskiy played a key role in the actual privatization of YUKOS in 1995 and was also central to the YUKOS affair of 2003"“2004.
DOI Link
Publisher
Palgrave Macmillan UK
First Page
49
Last Page
75
Disciplines
Business
Recommended Citation
Sim, Li-Chen, "Case Study of YUKOS" (2008). All Works. 839.
https://zuscholars.zu.ac.ae/works/839
Indexed in Scopus
no
Open Access
no