Lazareva, Olga; Rachinsky, Andrei; Stepanov, Sergey - Center for Economic and Financial Research (CEFIR), New … - 2008
transition countries: Russia, Ukraine and Kyrgyzstan. In contrast to most empirical papers on corporate governance, we study …-linear. In Russia, the relationship between the share of the largest non-state shareholder and corporate governance is either … companies with very little exposure to public financial markets. Our empirical analysis is based on two years of data obtained …