The author defines Personnel Training System as the cumulative result of training policy and training structure of a company. This article discusses trends of Personnel Training System development in Russian companies. The author describes four types of training policies. Based on actual...

The article examines and analyzes the existed management practice of global designer brands, using the examples of Armani Group and Gucci Group. The model of brand portfolio matrix structure based on such variables as profit and time is proposed. The proposed model is possible to apply to mono-...

The paper is aimed to contribute in understanding how the concept of real options changes traditional views to many key issues of management. Author proposes new classifications of real options, and provides applications of real options analysis to brand equity valuation and investment in...

This methodological paper is devoted to theoretical analysis of dynamic capabilities sources at micro-level of organization as a social system. The author makes an attempt to integrate theoretical approaches from various disciplines and develop a comprehensive framework to analyze factors of...

This paper investigates the incidence of cross-border mergers and acquisitions (M&A) on the research and development (R&D) activities of companies. Using different indicators of R&D activity of target firms over the period 1994–2004, we get the following results. Cross-border acquisitions...

The article discusses the interrelations between the concept of corporate social responsibility (CSR) and strategic management theory and practice. The evolution of the CSR construct as well as Russian features of its implementation are traced. The author concludes that the modern approaches to...

The paper uses the concept of life cycle which is based on the comparison between organizations and living beings and attempts to explain the reasons of organizational change that take place in the companies over time. Based on the generalized five-stage model, the paper presents the results of...

This publication is devoted to the 90th anniversary of Leonid Vitalievich Kantorovich (1912-1986), a Nobel Prize winner in Economics. The paper is concerned with insufficiently explored issue of modern interpretation of his heritage in the theory and practice of management including strategic...

The paper deals with a modification of CAPM, which takes into account distinction between insiders as agents who actually determine the managerial decisions in the company, and outsiders, which are identifi ed as all other investors who do not have direct infl uence on managerial decisions. This...

The article deals with the main results of the entrepreneurial activity research in Russia conducted under the guidance of Global Entrepreneurship Monitor (GEM) project in 2006. The authors compare of entrepreneurial activity levels for early-state and established entrepreneurs in countries...