CEES was merged with CIBEM from January 2009.

Research Results

Although CEES has had a small number of researchers, we have since the start in 1996 implemented several research projects and produced a great number of articles in leading scientific journals in the four core research fields of CEES. The more detailed description of the results can be found in:

- the yearly reports from CEES (Link below)

- research projects performed by the CEES researchers, see: CEES-research projects

- directly in CEES-publications.

Below is given a few highlights of CEES research results.

General analysis of Societies in Transition

In the analysis of the transition process developed in the book "Societies in Transition", Niels Mygind introduced a new theoretical framework. This framework was further developed and applied to the three Baltic countries in the PFPB-project. The results have been published in several articles in books and journals.

Enterprise Governance and Restructuring

This research has been done in relation to the research projects PFPB and GEREE, coordinated by Niels Mygind. Four of the PhD dissertations (see below) had the main emphasis within this field. Most of this research has been based on material from the Baltic countries. The results, published in leading international journals, point to the complex relation between governance, especially ownership structure, and economic performance. The research has uncovered determinants behind the development in ownership - here defined as the identity of the dominating owners and the concentration of ownership. A typical governance cycle from employee ownership over management ownership to outside, often foreign, ownership has been theoretically explained and empirically identified.

In the summer of 2004 the director of CEES, Niels Mygind, was appointed professor with special responsibilities within the research area of Corporate Governance and Restructuring in Eastern Europe. As part of the 4th international workshop on Transition and enterprise restructuring Niels Mygind gave his inaugural lecture on Corporate Governance Cycles in Eastern Europe. The lecture was based on some of the results in a research project on: Ownership concentration and corporate performance: the Case of Slovenia and Russia.

Foreign Direct Investments in Central and Eastern Europe

The main contributors in this area are professor Klaus Meyer (at CEES from the start of 1997) and associate professor Camilla Jensen, (at CEES from the start of 2000). A core theme within FDI in Eastern Europe has been to investigate the strategies followed by multinational enterprises entering the region. What are the determinants of East-West business and what constitutes the choice of entry modes? The results include both conceptual development and qualitative and quantitative analyses. Klaus Meyer is currently coordinating MASEE, Merger & Acquisition Strategies in Eastern Europe (see research projects). In a related project Klaus Meyer, together with Saul Estrin, London Business School, published in 2004 the book: Investment Strategies in Emerging Economies. Another core theme is the impact of foreign investments to the development of the transitional economies. CEES researchers have published articles on:

- spillovers of technology transfer from FDI

- comparative analysis of direct investment in emerging markets with different institutional settings

- how EU-integration, FDI and trade are shaping the new geography of Europe

- Regional dimensions of FDI in Eastern Europe.

The research has not only deepened, but also widened in scope of geographical coverage. It has in the later years included the Asian transition countries China and Vietnam, and Camilla Jensen has done research on the impact of FDI in the Cuban economy.

Management in Transition

Snejina Michailova's research has focused on knowledge-diffusion across cultures and different cross-cultural issues - especially in relation to the cooperation between East European and Western partners in multinational companies. Another key emphasis has been on the analysis of organizational processes in Russian companies with and without foreign participation as well as on networking in the Russian context. Some of this research has been carried out in connection to the research project SODIAC (see research projects). The results include both theoretical developments as well as empirical studies, mostly in the form of qualitative case studies on the companies involved in the project. The results are published in numerous articles in leading international journals in the field. In 2004, Snejina Michailova and Ed Clark as editors have published the book Fieldwork in transforming societies, Palgrave McMillan.

PhD dissertations in chronological order

Snejina Michailova was the first CEES employee to take a PhD based on her studies at the Department of Organization and Industrial Sociology, CBS. She defended her PhD in 1997: INERTIA - organizational culture of Bulgarian industrial companies between stability and change

Panu Kalmi, connected to CEES August 1997- August 2000, supervisor Niels Mygind, defended his PhD at CBS in 2002: On the (In)stability of Employee Ownership - Estonian Evidence and Lessons for Transition Economies

Ashot Baghdasarian, connected to CEES February 1998-July 1999 and September-December 2001, defended in April 2003 his PhD dissertation at CERGE (Center for Economic Research and Graduate Education of Charles University in Prague, Czech Republic) on: Ownership Concentration and Performance in Czech Companies

Bersant Hobdari, connected to CEES December 1999-November 2003, supervisor Niels Mygind, defended his PhD dissertation in November 2003:

Does Owner(s) Identity Matter? An Empirical Investigation of the Impact of Corporate Governance Structures on Capital Allocation, Investment and Financial Constraints

Delia Ionascu, connected to CEES as research assistant in relation to the MASEE project 2002-2004, defended in June 2004 her PhD dissertation at CERGE (Center for Economic Research and Graduate Education of Charles University in Prague, Czech Republic) on: Essays on Strategic Trade Policies

Evis Sinani, connected to CEES as PhD student February 2001- February 2004, since then as research assistant, supervisor Klaus Meyer, defended her PhD dissertation in September 2004 on: The Impact of Foreign Direct Investment on Efficiency, Productivity Growth and Trade - An Empirical Investigation.