Download or read book The Development and Challenges of Russian Corporate Governance I written by Oksana Kim and published by Ibidem Press. This book was released on 2019 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite increasing attention toward Russia's economy, corporate governance norms of Russian public firms are rarely analyzed. This project presents and interprets evidence regarding governance mechanisms including director independence, nationality and gender diversity, dismissal of CEOs, and cross-listing of companies on foreign markets.
Download or read book The Development and Challenges of Russian Corporate Governance written by Oksana Kim and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Development and Challenges of Russian Corporate Governance written by Oksana Kim and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Corporate Governance in Russia written by Alla Dementieva and published by Walter de Gruyter GmbH & Co KG. This book was released on 2020-12-16 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores discussions and practice around corporate governance in Russia from the early 1990s until 2018. It covers three major aspects of corporate governance theory and practice: a vision of corporate governance in Russia in the context of global trends and challenges, the general perception of corporate governance in Russia, and the real nature of Russia’s corporate community from the viewpoint of its corporate governance practices. It provides a unique complex analysis and detailed description of how corporate governance has been perceived by both Russian regulators and the business community, and how it has been applied in Russian companies. This analysis covers the period of over 25 years: from early attempts at directing transfer and implanting the Western model of corporate governance to the nascent Russian big private business, up to the period of resurgence of the state as the dominant player both in Russian society and its economy at large. It gives an understanding of what corporate governance is in Russia in the days of "sovereign democracy" and confrontation with the West. It explains how cultural, political, economic and institutional factors have shaped corporate governance in Russia. The authors provide insights into such aspects of Russian corporate governance framework and practices as regulatory philosophy and enforcement, ownership structure, the role of the state, the impact of unfriendly domestic business climate, how the value of corporate governance is perceived in Russian context, etc. Predominantly, the book paints an interesting picture of how the "sovereign corporate governance" model has been shaped in Russia. This book will be useful not just for experts in corporate governance and investors, but also for those who have an interest in modern Russia at large.
Download or read book Corporate Governance in Russia written by Daniel J. McCarthy and published by Edward Elgar Publishing. This book was released on 2004-01-01 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Given the past decade of abuse of shareholder rights, corporate governance is essential for Russia's future. In this comprehensive volume, an international group of contributors - academics, corporate executives, government officials, policymakers, specialists from nongovernmental organizations, and legal experts - examine the crucial role of corporate governance as well as the external institutions and forces that affect it. Offering coverage from numerous perspectives, the contributors explore external and institutional influences on corporate governance, its workings within corporations, and the relationships between boards of directors, managers, shareholders, and the government. Case studies of three major companies illustrate the challenges and opportunities involved in creating sound practices. The concluding section provides a summary of the current situation and discusses implications for the future of Russia's corporate governance. A valuable source of information, Corporate Governance in Russia is a must-read for business people, government officials, academic researchers, students, and all those interested in Russia and what the future holds.
Download or read book Organization and Development of Russian Business written by Tatiana Dolgopyatova and published by Springer. This book was released on 2009-07-16 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is designed to scrutinize the Russian business sector in transition with special attention to firm organization, business integration, corporate governance, and company management. Using a unique dataset of Russian joint-stock companies, the authors empirically analyze key issues for understanding the Russian corporate sector.
Download or read book Building Big Business in Russia written by Yuko Adachi and published by Routledge. This book was released on 2013-09-05 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the development of big business in Russia since the onset of market oriented reform in the early 1990s. It explains how privatized post-Soviet enterprises, many of which made little sense as business units, were transformed into functional firms able to operate in the environment of a market economy. It provides detailed case studies of three key companies – Yukos Oil Company, Siberian (Russian) Aluminium and Norilsk Nickel – all of which played a key role in Russia’s economic recovery after 1998, describing how these companies were created, run and have developed. It shows how Russian businesses during the 1990s routinely relied on practices not entirely compatible with formal rules, in particular in the area of corporate governance. The book fully explores the critical role played by informal corporate governance practices - such as share dilution, transfer pricing, asset stripping, limiting shareholders access to votes, and 'bankruptcy to order’ - as Russian big business developed during the 1990s. Unlike other studies on Russian corporate governance, this book highlights the ambiguous impact of informal corporate governance practices on the companies involved as commercial entities, and suggests that although their use proved costly to Russia’s business reputation, they helped core groups of owners/managers at the time to establish coherent business firms. Overall, the book shows that we cannot understand the nature of current economic changes in Russia without recognising the crucial role played by informal corporate governance practices in the creation and development of big business in post-Soviet Russia.
Download or read book Corporate Governance in Central Europe and Russia written by Maria Aluchna and published by Springer Nature. This book was released on 2020-03-04 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines corporate governance through a holistic lens that integrates financial, social and environmental goals, e.g. increasing transparency and disclosure. In addition, it investigates the theoretical assumptions guiding the current corporate governance practices adopted by companies in Central Europe and Russia. The book presents a dynamic study on the evolution of corporate governance systems, which were practically non-existent just 30 years ago. In turn, it addresses criticism leveled at corporate governance, its impact on the outbreak of the financial crisis, and recommendations for changes after the crisis. The book employs a regional focus, exploring a group of countries that have often been neglected in corporate governance research. Carefully selected data and a variety of case studies prepared by leading authors from the region provide evidence to support the analysis.
Download or read book Some Issues of Development of Corporate Governance in Russia in the Light of European and International Law written by Sergey Marochkin and published by . This book was released on 2015 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the present paper the development of corporate governance in Central Europe and Russia is compared. All these countries understand the importance of good corporate governance in the economic reforms and its role for companies. The focus of this paper is directed at the necessity of including such academic disciplines for students as the topic "Corporate governance" and the theme "Corporate Law" into the magister program of two diplomas "European and International Law"
Download or read book Enterprise Restructuring and Economic Policy in Russia written by Simon Commander and published by World Bank Publications. This book was released on 1996-01-01 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers the achievements and challenges facing East Asia's workers. The report reviews labor outcomes and evaluates the benefits of rapid growth to workers and the impact that the region's role in the global economy has had on them. It also examines labor market policies and institutions in the region, labor in the transition economies, and the outlook for East Asian workers in the 21st century. Also available: World Development Report 1995: Workers in an Integrating World Stock no. 61102 (ISBN 0-19-521102-2).
Download or read book Corporate Governance of Russia s State Owned Enterprises written by Hector J. Lehuede and published by . This book was released on 2017 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today's corporate Russia, the State remains a significant shareholder with controlling or blocking stakes in several large and dominant enterprises, which according to some studies account for roughly 50% of the country's GDP. While noteworthy improvements were made in the past years with regard to the way State-owned enterprises (SOEs) are governed, the perception, as measured by investors' valuations of Russian SOE shares, suggests that there is still much to do. Understanding the challenges of the Russian SOE sector and improving its corporate governance becomes, in this context, a key driver of potential economic growth and development. The objective of this paper is to offer a general description of the corporate governance of the Russian SOE sector. For this, we first depict the development of corporate Russia and address some key issues related to its current ownership and control structure (Section I). Second, we focus specifically on the SOE sector and provide comparative data from different sources measuring its governance and performance (Section II). Then, we address the role of the Russian State as shareholder (Section III) and we conclude highlighting areas where adoption of international best practices for SOEs could have a positive effect on the Russian economy and capital market (Section IV).
Download or read book Organization and Development of Russian Business written by Tatiana Dolgopyatova and published by Palgrave Macmillan. This book was released on 2009-07-16 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is designed to scrutinize the Russian business sector in transition with special attention to firm organization, business integration, corporate governance, and company management. Using a unique dataset of Russian joint-stock companies, the authors empirically analyze key issues for understanding the Russian corporate sector.
Download or read book Challenges and Opportunities of Corporate Governance Transformation in the Digital Era written by Kuznetsov, Mikhail Yevgenievich and published by IGI Global. This book was released on 2019-12-27 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: While corporate governance has been a successful concept throughout the centuries, it is in question whether this concept can remain sustainable in the digital era and during a time of technological and managerial disruption. Under the pressure of new economic, social, and ecologic challenges, it is vital to understand how this concept needs to transform. Challenges and Opportunities of Corporate Governance Transformation in the Digital Era is an essential reference source that discusses concepts, trends, and forecasts of corporate governance and examines its transformation under the pressure of new technologies and economic changes. Featuring research on topics such as corporate identity, e-commerce, and cost management, this book is ideally designed for corporate leaders, managers, executives, business professionals, consultants, professors, researchers, and students.
Download or read book Issues of Corporate Governance in Russia written by Vladimir Loktionov and published by . This book was released on 2007 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, the issues of corporate governance in Russia are addressed. The study aims to shed light on corporate governance problems in Russia and analyze their roots. The paper confirms the fact that objective external criteria such as fast insider privatization in Russia, corruption, weak judicial system and ineffective court system as well as undeveloped external instruments of corporate governance have a detrimental effect on corporate governance quality in Russia. As a consequence, it leads to the wide-spread violation of shareholder rights. The recommendations provided in this work will definitely give positive results upon their implementation. So it is necessary for Russia to continue the process of developing the external instruments of corporate governance as well as improving the overall economic and legal situation. This would enhance efficiency of single companies as well as the national economy as a whole, thereby enhancing the economic growth and attracting foreign investment.
Download or read book Institutional Change in Russian Corporate Governance written by Roman Stepanov and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: ABSTRACTRussia has been lagging behind most of the developed countries and some of the transition economies in terms of the corporate governance infrastructure (Woodruff, 2004). However, the challenge to develop strategic assets, particularly in the form of oil and gas reserves, produced the need to attract foreign capital and expertise. This in turn has led to a mounting pressure to improve fundamental characteristics of corporate governance such as the regulatory environment, enforcement mechanisms, corporate structure and transparency (Preobragenskaya, 2004). Since strategic assets are at the very heart of the still undiversified Russian economy, it is easy to see how corporate governance has become one of the top priorities on the agenda of national reforms (EU-Russia Roundtable on Corporate Governance, 2006). This study attempts to register the perceived change in the institutional context in Russia through analysing reported corporate disputes. Thematic template analysis is applied to the data on corporate conflicts taken from the English language Russian press. The results of the study suggest a positive change in perception about the role of formal institutions with reference to private entities and a negative change in terms of perception in relation to state entities. This conclusion is based on the comparison of corporate disputes and enforcement practices employed by the parties to corporate disputes reported in 1998 and 2006. On an academic level this study addresses a call in the literature to give more consideration to the particularities of the management environment and the fragility of its social systems in Russia (Kuznetsov & Kuznetsova, 2001) as well as complement understanding of Russian corporate governance by concentrating on the in-depth analysis of company behaviour (Iwasaki, 2007).
Download or read book The Russia Corporate Governance Manual written by and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Corporate Governance 2022 written by Elena Apevalova and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic boosted such areas of corporate governance development as the drive to sustainability and digitalization, however, no significant changes were expected at this point.2 However, the events of 2022 resulted, and are likely to continue to result in notable changes in the management of Russian companies at both the regulatory and practical level. Interestingly, the management experience gained during the pandemic has largely prepared Russian companies to new adaptation challenges.
