This article examines corporate bailouts from several ethical perspectives. Utilitarian analysis concludes that bailouts cannot be ethically justified because the losers exceed the winners. Applying rights theory reaches the same conclusion for different reasons

From the beginning of the 1970s until the last global financial and economic crisis in 2008 - 2009, neo-liberal ideas guided economic policy development. It is worth noting that the Central and Eastern European countries transformed their economies from centrally planned to a market type at the...

The paper tries to measure institutional change in the banking industry, taking the case of Russia in 1991-2016. I put forward a set of metrics featuring the actors and the relevance of banking for the economy. At the first stage, the communist-era credit system falls apart as do coordination...

The dynamics of reforms in the financial system changes corporate governance practices. When forming a national type of corporate governance, a significant role is played by the external environment in the face of the state and the inflow of foreign capital. The similarity between national and...

From the beginning of the 1970s until the last global financial and economic crisis in 2008-2009, neo-liberal ideas guided economic policy development. It is worth noting that the Central and Eastern European countries transformed their economies from centrally planned to а market type at the...