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from the sample had the top officials of Russia as directors, and 43% of corporations were found to be politically …
Persistent link: https://www.econbiz.de/10012835677
This paper considers two issues. First, it evaluates the changes in Russia's investment climate in 2012-2014 after the …, Easy Doing Business, our empirical data shows that there was practically no improvement in the investment climate in Russia … after Crimea's accession to Russia, our survey experiment demonstrated that referring to the President Putin as the …
Persistent link: https://www.econbiz.de/10013015259
In this paper we study the performance effects of capital structure, ownership structure and corporate governance of Russian companies. To address the lack of research in corporate performance modeling in emerging markets we contribute to the literature by introducing a cluster analysis of the...
Persistent link: https://www.econbiz.de/10013073913
for corporate governance in Russia depending on the number of shareholders …
Persistent link: https://www.econbiz.de/10012960841
In this paper we investigate cognitive biases as a potential reason for the varied results of M&A in emerging capital markets. We focus on two cognitive biases, CEO overconfidence and availability bias, which significantly influence CEO behavior, encouraging them to be irrational in M&A deals....
Persistent link: https://www.econbiz.de/10013225911
Russia. We focus on how different types of owners (e.g. founders, state, venture capital and corporate firms) contribute to …
Persistent link: https://www.econbiz.de/10012847473
This paper investigates the role of boards in founder-managed firms with concentrated ownership in emerging markets. The existing literature suggests that this type of company, even if they decide to recruit high-profile individuals as directors, rarely empowers the boards in the corporate...
Persistent link: https://www.econbiz.de/10013031382
Economic sanctions, like the most of political events involving numerous states, are almost always explicitly aimed to alter internal policies and affect domestic issues. Sanctions are not a discrete event, rather they are a long lasting insidious process. It is significant to consider not only...
Persistent link: https://www.econbiz.de/10012945131
Does less inequality in wealth distribution imply better property rights protection? In this paper we show that this impact is non monotonous and is conditional on a) equilibrium type: conflict (rent-seeking) or peace, b) the reasons of changes in wealth distribution, and c) the size of the...
Persistent link: https://www.econbiz.de/10013043892
This paper aims to contribute to the body of empirical studies that address the importance of investments in companies' relationships and the way in which they influence value creation in the global economic crisis. We employ linear panel analysis using the Hausman-Taylor model to analyse panel...
Persistent link: https://www.econbiz.de/10013071543