constraints, measured by the sensitivity of investment to cash flow. We develop two original corporate governance indices based on … standard investment regressions where the cash flow variable is interacted with our corporate governance indices and variables … of investment, particularly in firms with an outside controlling owner and in firms with low managerial ownership. In …

investment. Using panel data on public companies functioning in developed countries, the authors prove that with increasing … uncertainty surrounding a firm, the real options effect increases the influence of financial constraints on investment. To this …

manufacturing industry in Russia. A settlement is counted as part of an urban agglomeration in two cases: that of a large, central …

The author examines the theoretical difficulties of implementing decisions and awards of foreign courts in Russia … educational background of legal professionals – especially judges – in Russia. It is suggested that the statist conception of law … of law developing in the mentality of legal professionals in Russia …

Nonprofit accountability in Russia is becoming increasingly important as nonprofit organizations become more open …

assess correctly the riskiness of other banks. However, the “crises of trust” (as one in 2004 in Russia) create some doubts …

The empirical literature assessing the connection between land rights, access to finance and investment activity has …-collected survey data to show that private rights to land do indeed facilitate access to external financing and promote investment …

human capital differ significantly in Russia. Nevertheless we can say that, for the majority of men, the return to …