institutions effectiveness and provide a measure of corporate governance in Romania and other SEE emerging markets. The paper …

, Russia, and Turkey. We develop unique time-series datasets on governance in each country. We address construct validity by … building country-specific indices which reflect local norms and institutions. These similar-but-not-identical indices predict …

. The study relies upon theoretical as well as applied research of corporate governance in Russian commercial banks … agency theory and implying outside investors’ control over banks through stock market, is found to bear limited relevance. We … suggest some ways of overcoming the gap between formal institutions of governance and the real life. …

companies in Russia and using the difference-in-difference estimator, the study finds a statistically and economically …

contributing cause of recent financial crisis in the region. The question is whether the corporate governance structure of banks … the study is to evaluate corporate governance practices in banks that were listed on stock exchange during the financial … gathered from survey sent to the banks, their financial statements, reports on corporate governance and supervisory boards …