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Persistent link: https://www.econbiz.de/10004005938
The finding and setting of a business target is the starting point whenever dealing with corporate governance; the autonomy of companies to define those targets is one constitutive characteristic of any market economy. Regulatory demands as the standardization of the German...
Persistent link: https://www.econbiz.de/10011141150
We study the governance role of Russian Financial-Industrial Groups (FIG) and their impact on financing of investment. We compare member firms of a group with a control set of large firms categorized by dispersed ownership or/and management and employee control. We find that investment is...
Persistent link: https://www.econbiz.de/10009460049
We study the governance role of Russian Financial-Industrial Groups (FIG) and their impact on financing of investment. We compare member firms of a group with a control set of large firms categorized by dispersed ownership or/and management and employee control. We find that investment is...
Persistent link: https://www.econbiz.de/10009460194
governance in Russia are based on its evolutionary transformation, Russian historical and cultural factors are believed to be …
Persistent link: https://www.econbiz.de/10010859282
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Persistent link: https://www.econbiz.de/10011014413
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
-series evidence from Russia for 1999-present, exploiting a number of available governance indices. We find an economically important …
Persistent link: https://www.econbiz.de/10005357267
I examine ownership structure of Russian firms during the 1998–2006 period, where a greater emphasis is placed on motivations behind increased government ownership in the latter years, when oligarchs’ opportunistic influence on the firm diminished as state ownership correspondingly...
Persistent link: https://www.econbiz.de/10010845992
variouscontingent situations are analyzed both ingeneral and with respect to Russia. We suggestthat contingent factors argue for theco …-existence of two different governancemechanisms in Russia based on sectoraldifferences. Survey evidence is used to examinepatterns … institutionalweaknesses in Russia, a case may be made forthe State to have a role to play incounterbalancing dominant insider shareholdersand …
Persistent link: https://www.econbiz.de/10010867191