Doing Business in Russia. Котова К.П - 48 стр.

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      Negative attitudes towards the participation of foreign capital in the en-
terprise where one works are quite consistent. A considerable portion, 42 per-
cent, are against any participation of foreign capital in the ownership of the en-
terprises where they work. Only 6.4 percent are in favor of full foreign owner-
ship of the enterprise.
      29.7 percent of respondents favor partial ownership of the enterprise by
foreign capital. The positive attitude to this form of foreign participation clearly
depends on the educational level of the respondents. Only 16.2 percent of people
with incomplete secondary education are in favor of this.
      The ratio for those with secondary education is 26.9 percent, and for those
with higher education level, the figure grows to 38 percent. He age of respon-
dents proved to be insignificant factor regarding the answer to this question.
      One of the reasons for this cautious attitude towards the possibility of a
foreign owner is that more than a third of the respondents could not foresee the
consequences of the changes of their enterprise. Only 28 percent believe that the
emergence of a foreign owner of their enterprise will have a positive effect on
work relations.
      Forty-six percent believe that foreign ownership of the enterprise would
have a positive influence on labor.
      The attitudes of entrepreneurs and managers
      Directors prefer involvement of foreign capital in organizing production
and the use of capital. They believe that the borrowing of contemporary foreign
technologies and the training of specialists in management is of prime impor-
tance. Also of much importance to them, is investment of foreign capital into
Russian enterprises and long-term credits from international banks for recon-
struction and development.
      This corresponds to the data of a poll of managers of the economy. The
respondents were 422 officials of state management bodies and directors of
large enterprises of twelve territories and regions of Siberia. According to the