Showing 1 - 10 of 316
This article studies the link between corporate governance conflicts on the one hand, and employment and wage policies of companies on the other. We use data on publicly traded Russian companies with dual class stock (common and preferred shares), which allows us to use the concept of voting...
Persistent link: https://www.econbiz.de/10011259474
This paper deals with the evolution of corporate governance institutions that were imported into Russia in the 1990s … in 1990s gave way to their embrace by company owners. Foreign investors and lenders can now find in Russia all the … governance’. We argue that in Russia imported institutions tend to mutate, i.e. to work differently than in the eco-nomic systems …
Persistent link: https://www.econbiz.de/10005042692
This paper aims at explaining the differences in valuation of banking firms in Russia from a quality of governance …
Persistent link: https://www.econbiz.de/10005042720
Based on panel data from 1995 – 1997, the paper focuses on the impact of ownership structure on the performance of Russian non-financial privatized companies that constitute the group of "blue chips" of the country's stock market. We find that ownership concentration results in higher...
Persistent link: https://www.econbiz.de/10008753071
sector of Russia. …
Persistent link: https://www.econbiz.de/10008753080
This article is one of the first surveys on the turnover of senior managers in privatized enterprises in Russia. Its … managerial turnover in the developed economies and draws attention to the specifics of the transition economy of Russia that … evidence on the managerial turnover in Russia indicates a low speed of this process, especially at the start of the transition …
Persistent link: https://www.econbiz.de/10008765626
This paper studies the impact of federal state shareholdings on the performance of Russian companies. It differs from most similar studies in two respects. Firstly, it focuses on mixed ownership companies rather than conventional state enterprises. Secondly, it distinguishes between several...
Persistent link: https://www.econbiz.de/10008765637
This paper attempts to explain a large premium paid on common (voting) shares relative to preferred (non-voting) shares in the Russian stock market. Empirical analysis focuses on two main explanations relating the premium either to the voting right attached to common shares or to differences in...
Persistent link: https://www.econbiz.de/10008776870
, Russia, and Turkey. We develop unique time-series datasets on governance in each country. We address construct validity by …
Persistent link: https://www.econbiz.de/10011112797
The Working Paper examines peculiarities of the Russian model of corporate governance and control in the banking sector. The study relies upon theoretical as well as applied research of corporate governance in Russian commercial banks featuring different forms of ownership. We focus on real...
Persistent link: https://www.econbiz.de/10005623564