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 …

of companies for the period 2011 – 2015, divided into subsamples before and after the events in Ukraine. Specifically … from the sample had the top officials of Russia as directors, and 43% of corporations were found to be politically … value effect of political connections strengthened after the events in Ukraine …

large Russian investment company which is controlled and managed by the founder. We observe that, contrary to expectations …

mitigate the risks of debt holders. Only state and insider ownership matter in Russia: the larger the government stake, the …

development of corporate governance and vice versa.In recent years, Russia and most continental countries (Germany, France, Italy … tools for countering abuses by dominant shareholders.It is widely discussed among legal professionals in Russia that there …